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US: Judge sets Aetna-Humana antitrust trial date for December 5

 |  August 10, 2016

The US District Court judge hearing the US Justice Department’s case to block Aetna $34 billion purchase of Humana has set a trial date for Dec. 5, 2016, later than the companies had requested.

Aetna and Humana are fighting the US Department of Justice’s lawsuit asserting that combining the two companies will harm consumers and raise prices. The companies were seeking an earlier date for the trial to increase the possibility of closing the deal within their target timeframe.

Judge John Bates of the US District Court for the District of Columbia said during a hearing on Wednesday that the companies had failed to define any harm that would be caused by setting the date in December.

Full Content: Reuters

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