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Visa slapped with a DOJ antitrust lawsuit
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Visa slapped with a DOJ antitrust lawsuit
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25th September 2024, 06:34
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 152,670
 |  Visa slapped with a DOJ antitrust lawsuit Bloomberg first reported on Monday that the DOJ planned to file an antitrust suit against Visa following a multiyear investigation into Visa’s business practices starting in 2020. Visa attempted to acquire the fintech startup Plaid with a $5.3 billion bid but the DOJ filed a lawsuit blocking the deal claiming the acquisition would eliminate a competitive threat that challenged Visa’s powerful control of debit markets. https://www.engadget.com/big-tech/vi...3.html?src=rss |
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