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Visa to face U.S. antitrust suit over plaid acquisition

November 05, 2020 at 06:55PM The U.S. Justice Department sued to block Visa Inc.’s $5.3 billion acquisition of Plaid Inc., accusing Visa of trying to buy the financial-technology firm to eliminate an emerging threat to its online debit business. The Justice Department said in an antitrust complaint filed Thursday in federal court in San Francisco that the deal for Plaid […] via Bank Innovation

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