Heading Into 2022, Fintech Antitrust Strategy Isn't Optional

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By Thomas Panoff and William McElhaney (November 19, 2021, 1:12 PM EST) — Antitrust scrutiny of business practices in the fintech industry has mushroomed in recent years as fintech products and companies, both new entrants and existing entities moving into the space, are in the middle of stunning growth.

According to the Bank for International Settlements, the fintech industry has raised an estimated $1 trillion in equity since 2010.[1]

This pace shows no signs of abating, and likely will increase in 2022. Unsurprisingly, such growth has captured the attention of regulators and private litigants.

At the regulatory level, the U.S. Department of Justice’s Antitrust Division, the Federal Trade Commission and the Consumer Financial Protection Bureau…

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