Bloomberg Intelligence: Berkshire Earnings Jump
Bloomberg Intelligence
Antitrust Issues in Bank Deals and Regulatory Considerations
The chapter examines the Department of Justice's challenges in dealing with bank deals, focusing on the competitive credit card processing sector dominated by Visa and MasterCard. It discusses historical antitrust issues, the potential benefits and drawbacks of mergers, regulatory scrutiny on proposed divestitures like CNS wholesale, and the impact of political administrations on M&A activity and antitrust regulations.
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