X
23Dec

Federal Court Rejects FTC Challenge to Hospital Merger in Pennsylvania

King & Spalding | | Return|
On December 8, 2020, a federal court in Pennsylvania rejected a challenge by the Federal Trade Commission (FTC) and the State of Pennsylvania to block a $599 million merger of two hospital and healthcare systems in Philadelphia: the fourteen-hospital Thomas Jefferson University (Jefferson) and the three-hospital Albert Einstein Healthcare Network (Einstein). The court found that the FTC had failed to meet its burden to prove that the merger would result in an increase in prices to insurers and...
By: King & Spalding
Source Url: https://www.jdsupra.com/legalnews/federal-court-rejects-ftc-challenge-to-67576/

Related

November 2019: Crisis Law Update

Lessons Learned from a MeToo Settlement - When a high-ranking female company executive endures year...

Read More >

Important EEO-1 Component 2 Deadline Approaching This Month

An important deadline approaches for those employers required to file the EEO-1 survey – which gene...

Read More >

Form 5500 Penalty Relief Deadline Approaching for MEPs

On July 24, 2019, the Department of Labor (the “DOL”) issued Field Assistance Bulletin 2019-01 (th...

Read More >

Treasury Releases Final Regulations Implementing CFIUS Reform

Key Points - On January 13, 2020, the U.S. Department of Treasury released final rules implementin...

Read More >

Antitrust in focus - January 2020

This newsletter is our take on the antitrust developments we think are most interesting to your busi...

Read More >

Controlling Shareholder’s Discussions with Minority Stockholders Results in Application of Entire Fairness Standard

The Delaware Court of Chancery (the Court) in In re Homefed Corporation Stockholder Litigation chron...

Read More >