Visa Ends Plaid Takeover Bid Amid DOJ Suit

Visa is abandoning its plans to acquire Plaid after the Department of Justice (DOJ) sued over antitrust concerns.

DOJ Suing to Block Visa’s Plaid Acquisition

The Department of Justice (DOJ) is suing to block Visa’s acquisition of Plaid, citing concerns over Visa’s monopoly in the online payments market.