Two regulators signed off on the $35 billion deal, which the banks say will create a competitor to Visa and Mastercard. But consumer advocates warn that the deal may raise costs.Two regulators signed off on the $35 billion deal, which the banks say will create a competitor to Visa and Mastercard. But consumer advocates warn that the deal may raise costs. Capital One Financial Corporation, Discover Financial Services, Mergers, Acquisitions and Divestitures, Banking and Financial Institutions, Credit Cards, Regulation and Deregulation of Industry, Consumer Protection, Antitrust Laws and Competition Issues, Federal Reserve System, Office of the Comptroller of the Currency, National Community Reinvestment Coalition Read More
Capital One and Discover Can Merge, Regulators Say
