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Tag: antitrust lawsuit


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US Department of Justice moves to block $5.3bn Visa-Plaid deal

November 9, 2020

Via: FinTech Futures

The DOJ alleges that Visa’s reason for acquiring Plaid is to take a future competitor out of the market. It describes Visa as “a monopolist in online debit services, charging consumers and merchants billions of dollars in fees each year.” […]