Pandemic Darlings The pandemic economy, in original documents
Home Court filings United States v. Visa Inc. and Plaid Inc. — U.S. District Court, N.D. Cal. Plaintiff United States' Statement in Support of 42… — United States v. Visa Inc. and P…

Court filing

Plaintiff United States' Statement in Support of 42… — United States v. Visa Inc. and Plaid Inc. (Dkt. 43)

Record facts

CourtU.S. District Court for the Northern District of California
Filed2020-11-20

U.S. District Court for the Northern District of California · No. 4:20-cv-07810-JSW · Doc. 43 · 2020-11-20 · Docket on CourtListener

Full text

UNITED STATES’ STATEMENT IN SUPPORT OF ADMINISTRATIVE RELIEF FOR AN EXPEDITED CASE 
MANAGEMENT CONFERENCE  
 
 
Case No. 4:20-cv-07810-JSW 
 
 
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
JOHN R. READ (DC Bar #419373) 
john.read@usdoj.gov  
MEAGAN BELLSHAW (CA Bar #257875) 
meagan.bellshaw@usdoj.gov 
CORY BRADER LEUCHTEN (NY Bar # 5118732) 
cory.leuchten@usdoj.gov 
SARAH H. LICHT (DC Bar #1021541) 
sarah.licht@usdoj.gov 
United States Department of Justice, Antitrust Division 
450 Fifth Street, NW, Suite 4000 
Washington, DC  20530 
Telephone: (202) 598-2307 
Facsimile: (202) 514-7308 
 
Attorneys for Plaintiff United States of America 
 
 
UNITED STATES DISTRICT COURT 
NORTHERN DISTRICT OF CALIFORNIA 
OAKLAND DIVISION 
UNITED STATES OF AMERICA, 
 
Plaintiff 
 
 
v. 
 
 
VISA INC. and PLAID INC., 
 
                                 Defendants. 
 
 
 
 
Case No.: 4:20-cv-07810-JSW 
 
PLAINTIFF UNITED STATES’ 
STATEMENT IN SUPPORT OF 
ADMINISTRATIVE RELIEF FOR 
AN EXPEDITED CASE 
MANAGEMENT CONFERENCE  
  
Judge: Hon. Jeffrey S. White 
 
 
 
 
 
 
Case 4:20-cv-07810-JSW   Document 43   Filed 11/20/20   Page 1 of 8

 
 
-1- 
UNITED STATES’ STATEMENT IN SUPPORT OF ADMINISTRATIVE RELIEF FOR AN EXPEDITED CASE 
MANAGEMENT CONFERENCE  
 
 
Case No. 4:20-cv-07810-JSW 
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
The United States does not object to an expedited case management conference in this 
matter as the Court finds appropriate.  Defendants, however, have refused to meaningfully engage 
on a case schedule and failed to properly seek a joint stipulation in support of its administrative 
motion under Civil Local Rule 7-11(a).  Accordingly, the United States requests the Court order 
all parties to confer and file a Joint Case Management Statement pursuant to Local Rule 16-9 and 
this Court’s standing order in advance of any expedited Case Management Conference.   
Defendants propose an infeasible fifteen-week pre-trial period that is out of step with this 
district’s practice.  Defendants’ schedule is significantly faster than schedules adopted in the vast 
majority of merger cases – cases that involved fewer legal claims in less complex industries and 
did not occur during a global pandemic that will present its own unique challenges, particularly in 
obtaining discovery from third parties.  Defendants’ proposal for a highly truncated discovery 
period reneges on the parties’ written agreement that the United States would significantly curtail 
its pre-complaint investigation in exchange for reasonable discovery in litigation.  Defendants have 
either ignored or rejected each of the United States’ invitations to narrow the issues at stake or to 
streamline discovery to accommodate a reasonable shorter time to trial.   For example, Defendants 
both rejected limits on the total number of experts and simultaneously proposed a schedule giving 
the parties only two days to respond to rebuttal expert reports.  Moreover, Defendants are 
demanding prematurely that the United States produce its investigative file without the benefit of 
a protective order or discovery request despite impermissibly withholding critical relevant 
documents from that file for months based on unsubstantiated privilege claims.   
Rushing to trial and depriving the United States of adequate discovery will harm the 
American public by impeding the government’s case against a monopolist.  Accordingly, the 
United States proposes a trial start date of September 7, 2021.  This date is appropriately fast – a 
mere ten months after the complaint was filed – while allowing the United States adequate time to 
discover and properly present relevant evidence to this Court.    
BACKGROUND 
The United States filed its complaint in this matter on November 5, 2020, challenging 
Visa’s acquisition of Plaid under both Section 2 of the Sherman Act, 15 U.S.C. § 2 (“Section 2”), 
Case 4:20-cv-07810-JSW   Document 43   Filed 11/20/20   Page 2 of 8

 
 
-2- 
UNITED STATES’ STATEMENT IN SUPPORT OF ADMINISTRATIVE RELIEF FOR AN EXPEDITED CASE 
MANAGEMENT CONFERENCE  
 
 
Case No. 4:20-cv-07810-JSW 
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
and Section 7 of the Clayton Act, 15 U.S.C. § 18 (“Section 7”).  Five days after filing, on November 
10, the parties met telephonically to discuss various case management issues.  Declaration of 
Meagan K. Bellshaw (“Bellshaw Decl.”) ¶ 1.  During that conference, Defendants proposed a trial 
start date of late February or early March.  Id.  The next day, November 11, counsel sent a letter 
purporting to memorialize the parties’ conversation and proposing a trial start date of February 23, 
2021.  Dkt. 42-1 (Decl. of Steven C. Sunshine in Supp. of Defs.’ Admin. Mot. for Expedited Case 
Mgmt. Conf. Ex. B) (“Sunshine Decl.”) Ex. B.  Defendants did not provide any interim deadlines 
to detail how a fifteen-week pre-trial schedule would work, and did not respond to the United 
States’ invitation to narrow the issues to accommodate a faster trial schedule.   
On Friday, November 13, following reassignment from Magistrate Judge Westmore to 
Judge Freeman (Dkt. 32), counsel for the United States promptly sent Defendants a draft joint case 
management statement proposing a trial start date of September 7, 2021, and setting forth a 
complete list of interim deadlines, proposed limitations on discovery, and streamlined pre-trial 
procedures, among other provisions.  Sunshine Decl. Ex. C.  
Two days later, in a Sunday afternoon letter, without responding to the United States’ 
proposed case management statement, Defendants declared the parties at an impasse regarding the 
trial date and demanded that the United States agree to join an administrative motion for an 
expedited case management conference within twenty-four hours.  Sunshine Decl. Ex. D.  The 
United States informed Defendants that the motion was premature given that Defendants had not 
responded to the United States’ proposed schedule; that the parties were still negotiating and 
should continue to negotiate the proposed scheduling order, including the many elements that 
would determine the feasibility of a particular trial date; and that the United States was unclear as 
to the scope of Defendants’ proposed motion.  Id. Ex. E.  The United States requested a meet and 
confer to better understand the relief Defendants were seeking.  Id.  In response, Defendants 
provided edits to the United States’ draft scheduling order and reasserted that the parties were at 
an impasse regarding the trial start.  Id.  The next day, following reassignment of the matter from 
Judge Freeman to this Court, Defendants filed the instant motion.      
   
Case 4:20-cv-07810-JSW   Document 43   Filed 11/20/20   Page 3 of 8

 
 
-3- 
UNITED STATES’ STATEMENT IN SUPPORT OF ADMINISTRATIVE RELIEF FOR AN EXPEDITED CASE 
MANAGEMENT CONFERENCE  
 
 
Case No. 4:20-cv-07810-JSW 
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
ARGUMENT 
Visa is a monopolist seeking to maintain its market dominance by buying Plaid before 
Plaid has the chance to successfully compete against Visa’s online debit business.  The United 
States’ allegations – that the merger violates both Section 2 and Section 7 – are squarely in line 
with traditional antitrust jurisprudence, such as the seminal Microsoft decision, recognizing that 
dominant firms should not be permitted to squash nascent competition before it has a chance to 
take root.  See, e.g., United States v. Microsoft Corp., 253 F.3d 34, 79 (D.C. Cir. 2001) (en banc) 
(per curiam) (“[I]t would be inimical to the purpose of the Sherman Act to allow monopolists free 
reign 
to 
squash 
nascent, 
albeit 
unproven, 
competitors 
at 
will….”); 
Areeda & 
Hovenkamp, Antitrust Law: An Analysis of Antitrust Principles and Their Application ¶ 912b (5th 
ed. 2020) (“But when the dominant firm in the market has a market share satisfying the Sherman 
Act § 2 standards for monopoly or attempt, a ‘lessening’ of competition is not essential to illegality.  
Such a merger tends to maintain a monopoly by cutting off an avenue of future competition before 
it has had a chance to develop. As a result, condemnation under § 2 is appropriate.”) 
By their nature, antitrust cases involve complex legal, factual, and economic questions.  
Numerous issues likely will be before the Court, including Visa’s monopoly power and its 
durability, the definition of the relevant product market, the likelihood that Plaid would enter the 
market, and the competitive harm in that market if Visa were to prevent Plaid from doing so.  The 
government substantially curtailed the scope of its pre-complaint investigation at Defendants’ 
request – in exchange, Defendants agreed not to make the exact arguments they are making before 
this Court, namely that the government’s pre-litigation investigation should prevent reasonable 
post-complaint discovery or that any investigation was sufficient to ready the United States for 
trial.  Bellshaw Decl. Ex. A at §IV(B).  The United States now needs time to conduct appropriate 
discovery and to develop admissible evidence on each of these issues.   
Defendants are correct that antitrust trials involving acquisitions typically proceed at an 
accelerated pace, and the United States’ proposed trial schedule is structured accordingly.  A 
September 7, 2021, start date is consistent with the scheduling order in the Department of Justice’s 
most recent case challenging an acquisition under Section 2, United States v. United Continental 
Case 4:20-cv-07810-JSW   Document 43   Filed 11/20/20   Page 4 of 8

 
 
-4- 
UNITED STATES’ STATEMENT IN SUPPORT OF ADMINISTRATIVE RELIEF FOR AN EXPEDITED CASE 
MANAGEMENT CONFERENCE  
 
 
Case No. 4:20-cv-07810-JSW 
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
Holdings, No. 15-cv-07992-WHW-CLW (D.N.J. 2015, Dkt. 24) (224 days between filing the 
complaint and trial), and the last merger trial it litigated in the Northern District of California, 
United States v. Bazaarvoice, No. 13-cv-00133-EMC (N.D. Cal. 2013, Dkt. 29) (243 days), and is 
far faster than the median time to trial for civil cases in this district (approximately 890 days), 
Federal Court Management Statistics, Northern District of California (June 30, 2020), available 
at https://www.uscourts.gov /statistics-reports/federal-court-management-statistics-june-2020.  In 
contrast, Defendants’ proposed schedule, 110 days from complaint to trial, is significantly faster 
than the case schedules adopted in most recent merger cases, even though those cases involved 
only a Section 7 challenge in less complex industries than here.  See, e.g., United States v. Sabre 
Corp., No. 19-cv-01548-LPS (D. Del. 2019, Dkt. 31) (160 days); United States v. Quad/Graphics, 
Inc., No. 19-cv-04153 (N.D. Ill. 2019, Dkt. 46) (147 days), United States v. Energy Solutions, Inc., 
No. 16-cv-01056-SLR (D. Del. 2017, Dkt. 103) (159 days); United States v. Deere & Co., No. 16-
cv-08515 (N.D. Ill. 2016, Dkt. 171) (initially set for 180 days, later extended to 278 days).      
Defendants have proffered no justification to deviate from this practice and instead rush to 
a February 23 trial beyond two generic sentences of generalized harm.  The United States has 
repeatedly requested additional information regarding the purported harm Defendants face and 
what steps they have taken to mitigate it; requests that have thus far been ignored entirely.  
  
Defendants’ motion remarkably accuses the United States of strategic delay and claims it 
is trying to win this case by forcing the parties to abandon.  The United States submits, however, 
that it is the parties who are attempting to win this case by denying the United States a fair chance 
to develop its case and present relevant evidence in such an important and complex merger to this 
Court.  Defendants’ schedule is also unworkable.  For example, while rejecting the United States’ 
proposal to place reasonable limits on the number of experts each side may identify, Defendants 
have proposed a schedule that would give the United States only two days to respond to an 
unlimited number of expert reports of untold length. 
Defendants’ allegations that the United States is attempting to stymie resolution of this 
matter on the merits or that it has conditioned production of documents on Visa’s waiver of valid 
privilege claims simply are not true.  Defendants are demanding that the United States produce its 
Case 4:20-cv-07810-JSW   Document 43   Filed 11/20/20   Page 5 of 8

 
 
-5- 
UNITED STATES’ STATEMENT IN SUPPORT OF ADMINISTRATIVE RELIEF FOR AN EXPEDITED CASE 
MANAGEMENT CONFERENCE  
 
 
Case No. 4:20-cv-07810-JSW 
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
investigative file – which, aside from Defendants’ own productions, consists primarily of third-
party materials, including sensitive and highly confidential business information of Defendants’ 
respective customers and competitors – without the benefit of either a protective order or a 
discovery request.  The pre-discovery production of the government’s investigative file is a 
courtesy extended only where appropriate, such as, for example, when the Defendants have not 
rendered the file incomplete by improperly withholding relevant material, and after the United 
States is confident that third party information will be protected adequately.  Accordingly, the 
United States has agreed to pre-discovery production of its investigative file on two conditions: (i) 
entry of a valid protective order; and (ii) Visa’s agreement that a narrow privilege issue relating to 
a discrete set of critical documents is ripe for adjudication by the Court.  Visa and its third-party 
business consultant (at Visa’s direction) withheld thousands of documents relating to Visa’s 
pricing strategy from the United States during its pre-complaint investigation.  Despite Visa’s 
dubious claims that these documents are privileged or attorney work product, Visa’s CEO admitted 
in deposition that they do not relate to any pending litigation and that Visa funneled the strategy 
project through outside counsel in order to keep the documents confidential.  The parties have met 
and conferred unsuccessfully on this issue for months. The United States is asking Visa to agree 
that this issue is ripe for adjudication by the Court and, if the Court determines that some or all of 
the documents at issue are not privileged, that Visa produces the documents in compliance with 
the Court’s order.  Once Visa completes its production, and a protective order is entered, the United 
States will agree to pre-discovery production of its investigative file.  This offer of reciprocal pre-
discovery document production is neither improper nor gamesmanship. 
Finally, although it has given Visa an opportunity to cast aspersions on the United States’ 
case, an administrative motion is not the proper vehicle for Defendants to air these grievances 
before the Court.  The United States would have been willing to stipulate to reschedule the March 
23, 2021, Case Management Conference (Dkt. 41) to an earlier date if Defendants simply had 
explained the exact relief they sought.  See Local Rule 7-11(b) (motion for an order concerning a 
miscellaneous administrative matter must be accompanied “by either a stipulation under Civil L.R. 
7-12 or by a declaration that explains why a stipulation could not be obtained”). 
Case 4:20-cv-07810-JSW   Document 43   Filed 11/20/20   Page 6 of 8

 
 
-6- 
UNITED STATES’ STATEMENT IN SUPPORT OF ADMINISTRATIVE RELIEF FOR AN EXPEDITED CASE 
MANAGEMENT CONFERENCE  
 
 
Case No. 4:20-cv-07810-JSW 
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
Dated: November 20, 2020 
 
 
 
Respectfully submitted, 
 
 
 
 
 
 
 
 
/s/ John R. Read 
 
       
JOHN R. READ 
Trial Attorney 
U.S. Department of Justice 
Antitrust Division 
 
Attorney for Plaintiff United States 
 
 
 
 
Case 4:20-cv-07810-JSW   Document 43   Filed 11/20/20   Page 7 of 8

 
 
-7- 
UNITED STATES’ STATEMENT IN SUPPORT OF ADMINISTRATIVE RELIEF FOR AN EXPEDITED CASE 
MANAGEMENT CONFERENCE  
 
 
Case No. 4:20-cv-07810-JSW 
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
ATTORNEY ATTESTATION 
          I, Meagan K. Bellshaw, am the ECF user whose identification and password are being 
used to file Plaintiff United States’ Statement in Support of Administrative Relief for an 
Expedited Case Management Conference.  In compliance with Local Rule 5-1(i)(3), I hereby 
attest that all signatories hereto concur in this filing.   
 
 
/s/ Meagan K. Bellshaw 
 
 
Meagan K. Bellshaw 
 
 
Case 4:20-cv-07810-JSW   Document 43   Filed 11/20/20   Page 8 of 8

File and source

File
gov.uscourts.cand.368439.43.0.pdf
Size
75,522 bytes
SHA-256
4e3a2a08324a74a5b6dbac44426c483f308891d66a9ac72b799da389744c9011
Our copy
gov.uscourts.cand.368439.43.0.pdf
Original
storage.courtlistener.com
Back to top