A federal appeals court has temporarily put the brakes on a proposed merger of Advocate Health Care and NorthShore University HealthSystem, reversing a lower court’s decision.
A three-judge panel of the 7th U.S. Circuit Court of Appeals sided Monday with the Federal Trade Commission, which has been seeking a preliminary injunction to temporarily halt a merger of the two hospital systems. Calling a federal court ruling “erroneous,” the appeals court sent the case back to the lower court.
The systems have argued that a union between them will mean higher quality health care and lower costs for consumers. They say they would offer an insurance product 10 percent less expensive than the next lowest-price comparable product available, saving consumers at least $210 million a year.
Full Content: Chicago Tribune
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
US Consumer Watchdog Eyes Expansion of ‘Junk Fee’ Crackdown Ahead of 2024 Election
Oct 10, 2024 by
CPI
Brazil Proposes Reform to Competition Law Targeting Big Tech
Oct 10, 2024 by
CPI
Meta Enhances User Data Control, Resolving German Antitrust Dispute
Oct 10, 2024 by
CPI
X May Be Excluded from EU’s Strict Tech Rules, Sources Suggest
Oct 10, 2024 by
CPI
G7 Targets Competitive Imbalances in Semiconductor Industry
Oct 10, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Refusal to Deal
Sep 27, 2024 by
CPI
Antitrust’s Refusal-to-Deal Doctrine: The Emperor Has No Clothes
Sep 27, 2024 by
Erik Hovenkamp
Why All Antitrust Claims are Refusal to Deal Claims and What that Means for Policy
Sep 27, 2024 by
Ramsi Woodcock
The Aspen Misadventure
Sep 27, 2024 by
Roger Blair & Holly P. Stidham
Refusal to Deal in Antitrust Law: Evolving Jurisprudence and Business Justifications in the Align Technology Case
Sep 27, 2024 by
Timothy Hsieh