DOJ Anti-trust Push Creates Fresh Concerns For Banks, Large Fintechs
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DOJ anti-trust push creates fresh concerns for banks, large fintechs

The Department of Justice (DOJ) is ramping up its anti-trust efforts, creating new challenges for large fintechs entering traditional bank spaces. The DOJ has recently brought forth several criminal cases challenging wage fixing and “no poach” talent agreements between large companies. While these cases were not fintech-specific, growing non-bank financial institutions will likely face similar […]

The Department of Justice (DOJ) is ramping up its anti-trust efforts, creating new challenges for large fintechs entering traditional bank spaces. The DOJ has recently brought forth several criminal cases challenging wage fixing and “no poach” talent agreements between large companies. While these cases were not fintech-specific, growing non-bank financial institutions will likely face similar […]

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