Capital One: US DOJ Greenlights Capital One and Discover Merger, Signaling Shift in Antitrust Approach

In a significant development for the US financial services sector, the Department of Justice (DoJ) has given the green light to a $35 billion merger between Capital One Finance Group and Discover Financial Services. The decision, announced this week, marks a pivotal step forward for the deal, which still requires approval from the Federal Reserve and the Office of the Comptroller of the Currency (OCC) to be finalized. The clearance offers a glimpse into how