Judge gives final approval for CVS Health’s acquisition of Aetna
A federal judge yesterday approved CVS Health’s $69 billion acquisition of Aetna. U.S. District Court Judge Richard Leon, who asked to review the case, said the nation's health care markets would likely remain "very competitive" following the combination of the two companies, despite concerns raised by a number of organizations. The Department of Justice's Antitrust Division last October announced a settlement that allowed CVS Health and Aetna to proceed with their merger if Aetna divested its Medicare Part D prescription drug plans to WellCare.
Related News Articles
Headline
The Department of Justice March 27 announced it is launching an Anticompetitive Regulations Task Force to advocate for “the elimination of anticompetitive…
Headline
A report released Jan. 9 by Kaufman Hall highlights hospital and health system merger and acquisition activity from last year. The report said that…
Headline
The U.S. Chamber of Commerce Jan. 13 filed a lawsuit against the Federal Trade Commission, saying changes made by the FTC to premerger notification rules under…
Headline
The Federal Trade Commission Oct. 10 finalized changes to the premerger notification rules, form and instructions under the Hart-Scott-Rodino Antitrust…
Headline
The top three large-group insurers control an average of 82.2% of the market share in each state, nearly twice the combined average market share of each state’…
Headline
The Justice Department and the Federal Trade Commission Dec. 18 jointly issued the 2023 merger guidelines describing how the agencies review mergers and…