Cicilline Asks DOJ to Probe Intuit’s Acquisition of Credit Karma

April 7, 2020, 12:40 AM UTC

Intuit’s proposed acquisition of Credit Karma bears all the traditional signs of a dominant incumbent seeking to tame a maverick competitor,” House Antitrust Subcmte Chairman David Cicilline says in statement.

  • Cicilline calls for DOJ to “scrutinize this merger to protect the competitive process and the American people as they file their taxes”
  • Related: Intuit Buys Credit Karma for $7.1 Billion in Cash, Stock

To contact the reporter on this story:
Chelsea Mes in Sydney at cmes@bloomberg.net

To contact the editors responsible for this story:
Kasia Klimasinska at kklimasinska@bloomberg.net

Ben Livesey

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