Merck and Schering-Plough Plow Through Antitrust Concerns As They Target Merger By End Of Year
Posted 11/6/09
Merck’s acquisition of Schering-Plough is plowing ahead as the companies addresses competitive concerns raised by antitrust enforcers.
In an October 29, 2009, Consent Order, the FTC is permitting the acquisition – which would result in the one of the world’s largest prescription drug companies – to go forward provided the two companies divest of certain assets. The European Union granted a smooth approval...