This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Discover, Capital One move to dismiss US consumers' challenge to merger

( August 26, 2024, 22:31 GMT | Official Statement) -- MLex Summary: Discover Financial and Capital One moved to dismiss a group of consumers’ US challenge to their proposed merger, arguing that the plaintiffs’ claims are too contingent on unknown future events and too speculative. “Among other failings, the complaint acknowledges that the transaction will, if completed, reduce concentration in one affected market and barely affect it in the other. And plaintiffs make no effort to allege key requirements, like irreparable injury, for the relief they seek. For all these reasons, the court should dismiss plaintiffs’ claims,” they argued.See document below. ...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login