November 17, 2020
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.
November 09, 2020
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.
November 05, 2020
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.