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Thursday, April 18, 2024 | Back issues
Courthouse News Service Courthouse News Service

Visa-Plaid Deal

The Justice Department sued to block Visa’s $5.3 billion plan to buy financial tech startup Plaid, which the feds say would give Visa the power to raise prices, build barriers for competition to enter the market and reduce innovation.

OAKLAND, Calif. — The Justice Department sued to block Visa’s $5.3 billion plan to buy financial tech startup Plaid, which the feds say would give Visa the power to raise prices, build barriers for competition to enter the market and reduce innovation.

Categories / Business, Financial, Government

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