Payments Dive, April 6, 2025, Cap One-Discover Deal Detractors Assail Reported DOJ Approval
The DOJ assent is “a little surprising and concerning” given earlier media reports that Justice Department antitrust staff had raised questions about the deal, said Jesse Van Tol, president and CEO of the National Community Reinvestment Coalition, which has urged regulators to block Discover’s sale.
“It certainly looks like this was a political decision more than a substantive one made by career staff,” Van Tol said Friday in an interview. “The most disappointing thing about the Department of Justice is just how narrow the antitrust tools have become.”
