Visa’s Acquisition Of Plaid Falls Into The Department Of Justice’s Line Of Fire

This year, the U.S. Department of Justice (DOJ) has been scrutinising the financial-technology sector with a strict antitrust lens as it cracks down on deals that could limit nascent competition in the payments space. The latest deal to fall under threat is Visa Inc.’s proposed $5.4 billion acquisition of the venture-backed Plaid, a key player in financial technology...