We The People

We The People

Sunday, February 25, 2024

Hawley urges blocking Capital One acquisition of Discover | Blaze Media

Hawley urges blocking Capital One acquisition of Discover | Blaze Media

Republican Sen. Josh Hawley of Missouri has urged Jonathan Kanter, assistant attorney general for the Justice Department's Antitrust Division, to seek to put the kibosh on the planned acquisition of Discover by Capital One. "This is destructive corporate consolidation at its starkest. If consummated, this merger will create a new juggernaut in the credit card market, with unprecedented powers to extort American consumers," Hawley declared in a letter to Kanter.

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