Visa International Service Association / Plaid Inc. merger inquiry
The CMA investigated and cleared the anticipated acquisition by Visa International Service Association of Plaid Inc.
Statutory timetable
| Phase 1 | Action |
|---|---|
| 5 October 2020 | Decision published |
| 24 August 2020 | Decision announced |
| 29 June 2020 | Launch of merger inquiry |
| 16 June to 10 July 2020 | Invitation to comment |
Phase 1
CMA clearance decision
24 August 2020: The CMA has cleared the anticipated acquisition by Visa International Service Association of Plaid Inc.
- (5.10.20)
- (24.8.20)
- News story: Deal between Visa and Plaid given the go-ahead (24.8.20)
Launch of merger inquiry
29 June 2020: The CMA announced the launch of its merger inquiry by notice to the parties.
- (29.6.20)
Invitation to comment: now closed
16 June 2020: The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction has resulted in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.
Contact
Please send written representations about any competition or public interest to general.enquiries@cma.gov.uk.
Last updated 5 October 2020 + show all updates
-
Full text of the clearance decision published.
-
The CMA has cleared the anticipated acquisition by Visa International Service Association of Plaid Inc. Summary of the phase 1 decision published.
-
Start of the phase 1 merger inquiry and commencement notice published.
-
First published.