WSJ News Exclusive | Visa’s Planned Purchase of Plaid Faces Antitrust Scrutiny at the Justice Department

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Visa’s deal to buy Plaid, a key player in the financial-technology space, faces resistance from the Justice Department over antitrust concerns, people familiar with the matter said

Visa Inc.’s $5.3 billion deal to buy a key player in the financial-technology space is in jeopardy because of antitrust concerns, according to people familiar with the matter.

The Justice Department could decide soon whether it will sue to block Visa’s acquisition of Plaid Inc., a firm that provides the technological infrastructure underpinning an array of next-generation financial apps. After spending the better part of the year scrutinizing the deal, the department is concerned it could limit nascent competition in the payments...

 

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Offcourse...

Visa & VisaCA ME MiCHEL J MAiLLET Would B DiLiGent in deals made beCA compins being bought me might own 2 ME & ME iS iNFiNiT Visa & ME iS ONE WiT iMBALANCE d ReQUI ME Monies; ME Cannot keep being « Santa BUY ME POLE & AR if AR NEViR Comes 2 ME iN EVEN iNG AP &++» RAHLawFirm

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