A PYMNTS Company

US: Chairman Leibowitz applauds SCourt’s ruling in state vs. federal hospital case

By  |  February 20, 2013

Following the story reported yesterday by CPI, Federal Trade Commission Chairman Leibowitz has released a statement in response to a recent Supreme Court opinion concerning a Georgia district court’s dismissal of an FTC filing to block a hospital merger. Leibowitz stated, “Today’s ruling is a big victory for consumers who want to see lower health care costs, and the Court’s opinion will ensure competition in a variety of other industries, as well.” The FTC argued the merger would drastically cut competition in its particular area and could result in increased costs for customers. The Commission appealed the district court’s decision and the Supreme Court has unanimously released an opinion declaring that state action does not immunize the hospital merger from federal law.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

     

    Full Content: Federal Trade Commission

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.