Capital One-Discover deal is set to face intense antitrust scrutiny

By Flavia Fortes (February 27, 2024) -- Capital One’s proposed acquisition of Discover Financial Services for $35.3 billion is certain to attract a lot of antitrust scrutiny from regulators given how concentrated the credit card issuer market is in the US and the consolidating nature of their deal — vertically integrating Capital One’s credit card lending business with Discover’s network....

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