A federal judge has ruled that two Pennsylvania hospital systems may proceed with a planned merger, refusing to order a preliminary injunction sought by the Federal Trade Commission.
US District Judge John Jones of the US District Court for the Middle District of Pennsylvania on Monday said that the FTC had not shown it would likely succeed in stopping a merger between Penn State Hershey Medical Center, a 551-bed hospital in Hershey, Pennsylvania, and PinnacleHealth System, which has 646 beds in three hospitals.
The FTC, which enforces antitrust law, may opt to press on with the legal fight. But the judge’s decision means the hospitals may close their transaction.
The two Pennsylvania hospital systems said in a statement that they would continue the work of integration. An FTC spokeswoman said the agency was “disappointed in the ruling and will be considering our options.”
Full Content: Global Competition Review
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
T-Mobile Faces Class-Action Lawsuit Over Sprint Merger After Appeal Denied
May 16, 2024 by
CPI
Google Faces Backlash Over Introduction of AI-Generated Summaries in Searches
May 16, 2024 by
CPI
CMA Launches Phase 2 Probe into AlphaTheta’s Acquisition of Serato
May 16, 2024 by
CPI
NFL Executive Escapes Testifying in High-Stakes Trial Over Televised Games
May 16, 2024 by
CPI
EU Consumers Lodge Complaint Against Chinese Retailer Temu Over Content Rules Breach
May 16, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI