The Justice Department filed a lawsuit Monday to block Citicorp's acquisition of the electronic benefits transfer business of Gtech Corp., West Greenwich, R.I.

The suit, filed in U.S. District Court in Wilmington, Del., claims the deal would eliminate competition in EBT, which involves the automation of food stamps, welfare checks, and other government benefits using cards and electronic funds transfer networks.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.