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Justice Department could block Visaҳ acquisition of Plaid on antitrust grounds

Visa Inc.’s acquisition of Plaid Financial Inc., announced in January, could be in jeopardy as the U.S. Department of Justice reportedly is looking at blocking the deal on antitrust grounds. The Wall Street Journal, referencing people familiar with the matter, reported today that the Justice Department is concerned the acquisition could limit nascent competition in the payments market. …

The post Justice Department could block Visa’s acquisition of Plaid on antitrust grounds appeared first on World Consulting Group.

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