Federal Court Extends Tunney Act Review to Embrace Mini-Trial on DOJ Settlement of CVS-Aetna Merger
In a rather extraordinary move, United States District Court Judge Richard J. Leon has ordered a mini-trial
to determine whether the U.S. Department of Justice (“DOJ”) settlement green-lighting the merger of CVS Health and Aetna is in the public interest.
To date, no federal court has ordered a Tunney Act
hearing with testimony from various concerned non-parties. While it remains to be seen whether the...