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A comment on Justice Department Sues to Block Visa's Proposed Acquisition of Plaid.

Re:Justice Department Sues to Block Visa's Proposed Acquisit... by tempsy on Thursday December 03, 2020 @07:01PM (#25297243)
Yeah I really didn’t like this deal when it was first announced.

Plaid has a ton of bank account and transaction data on competitors to Visa that gives it a ridiculous advantage over its competitors.

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Re:Justice Department Sues to Block Visa's Proposed Acquisit... by jcp2fa on Friday December 04, 2020 @07:30AM (#25301537)
I think this deal was more about Visa seeing a not so distant future where the payment rails shift to an API based interaction, not the data that Plaid has. Visa already probably has more data than they know what to do with.
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