Visa/Plaid ditch deal after DOJ challenge

Ben Remaly

13 January 2021

Shutterstock/Shutterstock/Mayura Posrisoong

Visa and Plaid have abandoned their proposed $5.3 billion merger two months after the Department of Justice alleged the transaction would allow Visa to maintain a monopoly over online debit transactions.

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Ben Remaly

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Author | Editor, GCR USA

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Visa/Plaid ditch deal after DOJ challenge

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Ben Remaly