By Ndubuisi Ekekwe The United States Department of Justice has sought to block Visa’s proposal to acquire Plaid, an API fintech company that makes it possible for institutions to connect with bank accounts of users: “The DOJ claims Visa’s acquisition of Plaid would violate two federal antitrust laws — the Sherman Act and the Clayton Act — and allow Visa to maintain a monopoly in online debit transactions”. This singular action could kill the party in the global fintech space. Yes, it is now…

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Source:: Tekedia