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FTC and DOJ to Co-Host 2023 Draft Merger Guidelines Workshop on September 5
FTC and DOJ Seek Comment on Draft Merger Guidelines
HCA Healthcare/Steward Health Care System, In the Matter of
The Federal Trade Commission authorized an administrative complaint and a suit in federal court to block the proposed merger of two large healthcare systems in Utah, alleging the deal would lead to higher prices and lower quality of care in the region surrounding Salt Lake City, known as the Wasatch Front region. The deal would impact a broad range of essential medical and surgical diagnostic and treatment services that require an overnight hospital stay, known as inpatient general acute care, the FTC alleged.
The FTC’s federal court suit sought a temporary restraining order and preliminary injunction to stop the deal and to maintain the status quo while the FTC pursues an administrative trial on the merits of the case. On June 16, 2022, the parties announced that they had abandoned the transaction.
Statement by FTC Bureau of Competition Acting Deputy Director Haidee L. Schwartz on the U.S. District Court’s Grant of a Preliminary Injunction and Announcement from Wilhelmsen Maritime Services that It will Abandon Acquisition of Drew Marine Group
FTC Challenges Wilhelmsen Maritime Services’ Proposed Acquisition of Competitor Drew Marine Group
FTC Staff Issues Advisory Opinion That Information Exchange Program Proposed by United States Money Transmitters Is Unlikely to Harm Competition and May Enhance Consumer Protection Goals
FTC Staff Advises Oklahoma Physician Hospital Organization That it Will Not Recommend Antitrust Challenge to Proposed Formation of Clinically Integrated Multi-provider Network
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