DOJ To Investigate Intuit’s $7B Takeover Of Credit Karma
PYMNTS
AUGUST 4, 2020
ProPublica reported the DOJ has raised questions about potential antitrust issues if Intuit, the maker of TurboTax, takes over its former rival that offered free tax preparation tools. The report said while Credit Karma filed 40 million returns last year, it ranks as the fifth-largest online tax filing provider and has been growing.
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