Tag: Visa Inc.’s (NYSE:V)


The US Federal Government Sues Visa Inc. (NYSE:V) Over Proposed $5.3 Billion Acquisition of Plaid

The US federal government has filed a lawsuit blocking Visa Inc.’s (NYSE:V) acquisition of fintech company Plaid, stating that the $5.3 billion acquisition is against antitrust laws. According to the Justice Department, Visa is a monopolist in online debit transactions, and the merger will do away with an emerging competitive […]