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The Department of Justice and First Data Corp. square off next week in a case that will decide not only the fate of the company's $7 billion purchase of Concord EFS Inc., but also the structure of the debit card industry. The DOJ charges the merger would combine the No. 1 and No. 3 providers of online debit services. First Data maintains that it competes in a broader market that includes so-called signature debit.
December 09, 2003 at 12:00 AM
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The original version of this story was published on Law.Com
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