SIGNIFICANT THREAT
“I remember your internal post about how [the target] was our threat and not [other company]. You were basically right. One thing about startups though is you can often acquire them.”
Seller was “clearly, on their own or owned by a competitor going to create some threat to our important US debit business” and acquisition would be an “insurance policy to protect our debit biz in the US.”
Buyer’s CEO FTC v. Facebook, Inc., Complaint, at 5 (Dec. 9, 2020)
Buyer’s CEO U.S. v. Visa, Complaint, at 4-5 (Nov. 5, 2020)
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