DOJ Files Antitrust Lawsuit to Block VeriFone from Buying Hypercom
The Department of Justice has filed a civil antitrust lawsuit today to block the proposed acquisition of Hypercom by VeriFone.
The department said that the proposed deal would substantially lessen competition in the sale of point-of-sale (POS) terminals in the United States, resulting in higher prices and reduced innovation, quality, product variety, and service.
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