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20 days ago

Advancing Underappreciated Technologies

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Visa and Plaid abandon merger after antitrust division’s suit to block. Do you think the DOJ was right in blocking this deal?

www.justice.gov
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So my current understanding is that the DOJ didn't actually block this deal. It just seemed very likely as the discussions grew on. So, um, if they had blocked her, if they did block it, I think this was a case where they absolutely were right to block it. Visa already is is part of a duopoly on transactions and transactions. Data in plaid is really the Onley viable competition, uh, to Visa and MasterCard's duopoly. So you know, serves a different purpose. But has the data component transaction level data that really is the only competition. So this this is one of those instances where this just had to be blocked. I think in most cases, I'm actually, um, for for mergers. And the reason being is oftentimes it consolidates things that allows for tighter integration and is not as complex or confusing to the consumer Aziz long as they're still viable choice. But I think there's certain areas where things were so fragmented in just the user and customer experience is poor that I think consolidation makes sense. But this was this was just not one of them. Um, there's already to a few players and this needed to be blocked, so I think it's great

D
20 days ago

Advancing Underappreciated Technologies

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