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After Capital One-Discover’s US approval, California AG vows to fight unlawful mergers

By Curtis Eichelberger ( April 21, 2025, 19:41 GMT | Insight) -- Following last week's federal regulatory approval of Capital One's acquisition of Discover, the California Attorney General's office said "further consolidation in markets that are central to American economic life ... does not serve the American economy, consumers, or competition well." But California and other states like New York haven't indicated whether they will actually sue to block the deal. Following last week's federal regulatory approval of Capital One's acquisition of Discover, the California Attorney General's office said more consolidation in key markets isn’t what the American economy needs....

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