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The Antitrust Week In Review

Posted  05/9/16
Here are some of the developments in antitrust news this past week that we found interesting and are following. Cigna Says Anthem Deal Could Close in 2017; Anthem Sticks to 2016.  Health insurer Cigna Corp, which announced plans to be bought by larger Anthem Inc 10 months ago, on Friday said the deal may close in 2017 rather than 2016 due to the complexity of the regulatory process, according to a filing with the...

The Antitrust Week In Review

Posted  01/4/16
Here are some of the developments in antitrust news this past week that we found interesting and are following: RadioShack Antitrust Lawsuit: Sony, Samsung, Toshiba And Others Accused Of Illegal Price-Fixing Conspiracy.  The liquidation trustee for the former retail giant RadioShack is accusing five of the world’s largest consumer electronics companies of illegally conspiring to create an intricate price-fixing...

The Antitrust Week In Review

Posted  09/21/15
Justice department seeks more information on Aetna, Humana deal.  The U.S. Department of Justice is asking health insurer Aetna Inc. for more information about its pending $37 billion acquisition of Humana Inc.  The Justice Department's "second request" will delay by 30 days the expiration of the waiting period under the Hart–Scott–Rodino antitrust act, Aetna said in a regulatory filing.  Aetna's offer to buy...

The Antitrust Week In Review

Posted  09/8/15
Here are some of the developments in antitrust news this past week that we found interesting and are following. U.S. judge approves $415 million settlement in tech worker lawsuit.  U.S. District Judge Lucy Koh has granted final approval to a $415 million settlement of the high profile antitrust class action in which workers accused Apple, Google and two other Silicon Valley companies of conspiring to hold down...

The Antitrust Week In Review

Posted  08/3/15
Here are some of the developments in antitrust news this past week that we found interesting and are following. Two major hospital systems might be merging.  Continuing the trend in healthcare-provider consolidation, Providence Health & Services and St. Joseph Health announced Friday that they had signed a letter of intent to merge. The health systems cautioned that they were only in the “very early stages” of...

The Antitrust Week In Review

Posted  07/29/15
Anthem Inc. to buy Cigna Corp. for over $54 billion.  If approved by antitrust regulators, the deal would create the largest health insurer in the country, covering 53 million lives.  The acquisition closely follows Aetna’s announcement, at the beginning of the month, that it would buy Humana for $37 billion.  Health insurers are seeking to justify this latest wave of industry consolidation on the ground that...

The Antitrust Week In Review

Posted  06/29/15
Here are some of the developments in antitrust news this past week that we found interesting and are following. Judge Halts Sysco’s Proposed Merger With US Foods.  A federal judge has ordered a preliminary injunction to block Sysco’s proposed merger with US Foods, dealing a potentially fatal blow to what would be a union of the two biggest food distribution companies in the United States.  The injunction is a...

Conservatives’ Blockbuster Victory Could Herald Major Changes For UK

Posted  05/8/15
A View from Constantine Cannon’s London Office By James Ashe-Taylor In a stunning result, the Conservatives under David Cameron have won a slender majority in the UK Parliament, according to final tallies announced today. In an unexpectedly lopsided victory, the governing Conservatives won 331 of the 650 seats in the House of Commons – a gain 24 seats from the 2010 election.  It was a bitter loss for the...