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U. S. Lawmaker Calls for Antitrust Probe of Intuit’s Purchase of Credit Karma

By
Christopher Stern
· · Source: The Information

A top U.S. lawmaker is calling on the Department of Justice to conduct an antitrust probe of Intuit’s planned $7 billion acquisition of Credit Karma. House antitrust subcommittee Chairman David Cicilline said the deal had “all the traditional signs of a dominant incumbent seeking to tame a maverick competitor.” The deal was first announced in February. Intuit is the parent company of TurboTax...

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