USA v. Visa Inc. et al

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Case overview

Case Number:

3:20-cv-07810

See also:

Court:

California Northern

Nature of Suit:

Anti-Trust

Judge:

Kandis A. Westmore

Companies

Sectors & Industries:

  1. November 17, 2020

    Visa Says DOJ Is Dragging Out $5.3B Plaid Merger Challenge

    The U.S. Department of Justice is pushing a September trial date for its challenge of Visa's proposed $5.3 billion purchase of fintech company Plaid in an effort to run out the clock and force the transaction's abandonment, the companies told a California federal judge on Tuesday.

  2. November 09, 2020

    DOJ Abandons Bain Doc Petition In Favor Of Visa Discovery

    The U.S. Department of Justice on Monday summarily dropped its Massachusetts federal court petition demanding documents Bain & Co. allegedly improperly withheld, preferring instead to seek that material as part of the new challenge to Visa's proposed $5.3 billion purchase of fintech company Plaid.

  3. November 05, 2020

    DOJ Challenges Visa's $5B 'Insurance Policy' Buy Of Plaid

    The U.S. Department of Justice challenged Visa's proposed $5.3 billion purchase of fintech company Plaid in California federal court Thursday, accusing the debit card giant of scooping up "a nascent competitive threat" to hold onto its monopoly.