DOJ Wants Intuit to Sell Credit Karma Tax Unit, CNBC Says

The Justice Department wants Intuitto sell the Credit Karma tax unit and will sue to block the Intuit and Credit Karma deal if there is no divestiture, CNBC reports.

• DOJ says the current deal would lessen competition
• NOTE: On Oct. 30, Credit Karma in Talks to Sell Tax-Preparation Ops to Square: DJ
• NOTE: On Sept. 25, Intuit-Credit Karma Likely Faces Taxing U.S. Antitrust Scrutiny

To contact the reporter on this story:
Patrick McHale in New York at pmchale7@bloomberg.net

To contact the editor responsible for this story:
Maria Jose Valero at mvalero3@bloomberg.net

© 2020 Bloomberg L.P. All rights reserved. ...