US Justice Department Sues Visa To Block Its Planned $5.3B Plaid Acquisition
PYMNTS
NOVEMBER 5, 2020
billion acquisition of Plaid, arguing that the deal would allow Visa to extend what the DOJ alleges is the company's control of the online debt market. The company has already integrated with about 15,000 banks in Canada and the United States. As we explained to the DOJ, Plaid is not a payments company.
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