Stripe and Advent have made a joint offer to acquire PayPal – sources

470 points · 276 comments on HN · read original →

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What commenters are saying

Commenters widely doubt the merger would pass antitrust scrutiny, citing the combined market share of Stripe, PayPal, Venmo, Braintree, and Xoom. Many note Visa and Mastercard's regulatory capture and interchange fees as the real monopoly. Several argue that US antitrust enforcement is weak under the current administration but that state lawsuits could block the deal. A few defend Visa/Mastercard, noting most commission goes to issuing banks and that FedNow lacks consumer recourse, though others counter that Regulation E applies. Some point to global alternatives like Pix and Wero as evidence of a broader shift away from card networks.