The Justice Department and two states appealed a federal judge’s decision to toss a challenge to UnitedHealth Group’s $13 billion merger with technology company Change Healthcare, according to a court notice filed Friday.
The companies closed the $7.8 billion merger after a federal judge in Washington ruled against the Department of Justice in a lawsuit to block the deal on the grounds that it would reduce competition.
Read more: UnitedHealth, Change Healthcare Complete $13B Merger
The UnitedHealth case was one of a trio of losses by DOJ’s antitrust prosecutors, who filed an unprecedented 10 merger challenges this year.
The US, along with the states of New York and Minnesota, appealed to the U.S. State Court of Appeals for the District of Columbia, according to a court filing.
A judge in September denied the US Dept. of Justice’s request to block Change Healthcare sale to UnitedHealth (UNH). The DOJ sued to block the transaction in late February on antitrust grounds.
Featured News
Japan’s Nippon Steel Eyes Year-End Close on $15B US Steel Deal Amid Political Uncertainty
Nov 7, 2024 by
CPI
Canada Orders Dissolution of TikTok’s Business Amid National Security Concerns
Nov 7, 2024 by
CPI
India Raids Amazon, Flipkart Seller Offices in Foreign Investment Probe
Nov 7, 2024 by
CPI
Canada’s Competition Bureau Seeks Public Feedback on Updated Merger Guidelines
Nov 7, 2024 by
CPI
FTC Adopts Stricter Reporting Rules for Mergers, Delays Expected in 2025
Nov 7, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Remedies Revisited
Oct 30, 2024 by
CPI
Fixing the Fix: Updating Policy on Merger Remedies
Oct 30, 2024 by
CPI
Methodology Matters: The 2017 FTC Remedies Study
Oct 30, 2024 by
CPI
U.S. v. AT&T: Five Lessons for Vertical Merger Enforcement
Oct 30, 2024 by
CPI
The Search for Antitrust Remedies in Tech Leads Beyond Antitrust
Oct 30, 2024 by
CPI