Capital One and Discover Can Merge, Regulators Say

Two regulators signed off on the $35 billion deal, which the banks say will create a competitor to Visa and Mastercard. But consumer advocates warn that the deal may raise costs.

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Capital One Deal for Discover Clears Justice Dept. Hurdle

The department, during the Biden administration, initially said it had concerns about the merger of two of the largest credit card companies in the U.S.

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