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

FTC and DOJ Temporarily Suspend Early Terminations of the HSR Waiting Period

Key Takeaways The Federal Trade Commission (FTC), with the support of the Antitrust Division of the ...

Read More >

Massachusetts’ Highest Court Holds that Employees Paid on Commissions are Entitled to Overtime and Sunday Pay

Massachusetts law permits employers to pay inside salespeople on a commission only basis, provided t...

Read More >

WEX Win Interpreting COVID-19 Material Adverse Effect Shows M&A Drafting Traps

On October 12, 2020, in Travelport Ltd & Ors v WEX Inc [2020] EWHC 2670, Justice Cockerill of the En...

Read More >

[Audio] Daily Compliance News: November 6, 2019, the ‘What Race Are You’? edition

In today’s edition of Daily Compliance News: How should you handle whistleblower allegations? (FT)...

Read More >

Colorado “Bans The Box” For Private Employers On September 1, 2019

Effective September 1, 2019, the Colorado Chance to Compete Act (HB 19-1025) will “Ban the Box.” ...

Read More >

Proposed Hardship Distribution Regulations Mean Changes for 401(k) and 403(b) Plan Sponsors

Employer-sponsors of certain retirement plans have work to do prior to the end of 2019. Sponsors of ...

Read More >