US-based healthcare conglomerates UPMC and Highmark Inc. have each dropped their lawsuits on order from a federal judge, say reports.
US District Judge Joy Flowers Conti ordered Highmark to drop its 2009 lawsuit, countered by Highmark’s 2012 lawsuit, also ordered to be dropped. The companies had sued each other over claims of monopolistic conduct.
The judge ordered the cases to be abandoned by the end of 2013, and dismissed with prejudice – without the opportunity of refilling.
According to reports, however, Highmark is not ruling out another lawsuit against UPMC for similar claims of monopolistic behavior in the future.
Full Content: Post-Gazette
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Canadian Breadmakers Settle Price-Fixing Lawsuit
Jul 25, 2024 by
CPI
EssilorLuxottica Open to Meta as Shareholder, Says CEO Francesco Milleri
Jul 25, 2024 by
CPI
California Supreme Court Upholds Proposition 22, Securing Independent Contractor Status for Uber and Lyft Drivers
Jul 25, 2024 by
CPI
Paramount Global Investor Sues to Block Skydance Media Merger
Jul 25, 2024 by
CPI
Software Vendors Win Class Action Status in Antitrust Case Against CDK Global
Jul 25, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – International Trade & Antitrust
Jul 26, 2024 by
CPI
What is Wrong with the WTO Discipline on Subsidies?
Jul 26, 2024 by
CPI
The Abiding Tension Between Trade Remedy Law and Antitrust
Jul 26, 2024 by
CPI
Trade and Antitrust: An End to Isolationism
Jul 26, 2024 by
CPI
International Trade Law and Domestic Regulation of Generative Artificial Intelligence: Divergent Approaches?
Jul 26, 2024 by
CPI