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Visa’s Planned Purchase of Plaid Faces Antitrust Scrutiny at Justice Department

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Visa Inc.’s $5.3 billion deal to rob a key player within the financial-know-how space is in jeopardy thanks to antitrust issues, in response to folk accustomed to the subject.

The Justice Department might maybe well maybe well think soon whether this might maybe well maybe sue to dam Visa’s acquisition of Plaid Inc., a firm that gives the technological infrastructure underpinning an array of next-generation financial apps. After spending the upper fragment of the 365 days scrutinizing the deal, the division is fervent it might maybe probably maybe well limit nascent competition within the funds…

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