United States v. Visa and Plaid antitrust case
Brought by
United States
v.
The Justice Department sued to block Visa's acquisition of fintech Plaid, alleging Visa sought to eliminate a nascent threat to its online debit business.
The case
- Court
- US District Court, Northern District of California
- Docket
- 4:20-cv-07810
- Filed
- Nov 5, 2020
- Status
- DismissedVoluntarily dismissed after the deal was abandoned in January 2021.
- Outcome
- Visa and Plaid called off their USD 5.3 billion merger and DOJ dismissed the suit.
History
4 dated entriesMinute Entry for proceedings held before Judge Jeffrey S. White: Initial Case Management Conference held on 12/18/2020.Total Time in Court: 18 minutesSource
ORDER SCHEDULING TRIAL AND PRETRIAL MATTERS. Signed by Judge Jeffrey S. White on 12/18/20Source
ORDER REFERRING CASE to a randomly assigned Magistrate Judge for All Discovery purposes; Order to Parties re Trial DateSource
Complaint filed: United States v. Visa Inc.Source