UK antitrust regulators give Visa’s fintech acquisition a green light

Cointelegraph

Published Aug 24, 2020 08:46AM ET

Updated Aug 24, 2020 10:20AM ET

The United Kingdom Competition and Markets Authority, has given the go-ahead to Visa’s acquisition of fintech startup Plaid following a Phase 1 review.

According to an Aug. 24 announcement, the CMA investigated several ways in which the deal could potentially harm competition, but ultimately found no evidence that this outcome was likely.

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