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USA v. Visa Inc. et al

  1. January 12, 2021

    Visa, Plaid Call Off $5.3B Deal Following DOJ Challenge

    Visa has abandoned its proposed $5.3 billion purchase of Plaid, following a Department of Justice merger challenge alleging that the debit card giant was scooping up "a nascent competitive threat" to its dominance in online debit transactions in the U.S.

  2. December 21, 2020

    DOJ's Visa Merger Challenge Gets Late June Trial Date

    The California federal judge presiding over the DOJ's challenge to Visa's purchase of Plaid on Monday set a June 28 kickoff of a trial estimated at 20 days, somewhat splitting the difference between the February start requested by the companies and the September start desired by the government.

  3. November 30, 2020

    Visa Says DOJ Papering Over Plaid Deal's Benefits

    Visa has told a California federal court that the U.S. Department of Justice is overlooking a host of major benefits arising out of its planned $5.3 billion tie-up with Plaid and wrongly focusing on the deal's alleged antitrust implications.

  4. November 23, 2020

    DOJ Says Visa Pushing 'Infeasible' Merger Trial Timeline

    The U.S. Department of Justice has blasted Visa and Plaid for pushing an "infeasible" timeline for a trial over their proposed $5.3 billion tie-up that is seven months sooner than the agency's preferred September start date.