A Huntington steel manufacturer has dropped its appeal of Cabell Huntington Hospital’s “cooperative agreement” to acquire St. Mary’s Medical Center, but the company won’t withdraw its lawsuit that seeks to pry loose 350 documents related to the merger.
Steel of West Virginia asked Kanawha Circuit Judge James Stucky to dismiss the case this week. Nonetheless, the company reiterated its opposition to the merger, saying it would create a “healthcare monopoly” in the Huntington area.
“This merger is very bad for Huntington,” said Tim Duke, president and CEO of Steel of West Virginia. “Unfortunately, not enough people have stepped up to stop this monopoly from forming.”
The company also has a lawsuit against West Virginia Attorney General Patrick Morrisey, who has blocked the release of records about the hospital merger for more than a year.
Full Content: Charleston Gazette Mail
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Massachusetts AG Sues Insulin Makers and PBMs Over Alleged Price-Fixing Scheme
Jan 14, 2025 by
CPI
Apple and Amazon Avoid Mass Lawsuit in UK Over Alleged Collusion
Jan 14, 2025 by
CPI
Top Agent Network Drops Antitrust Suit Against National Association of Realtors
Jan 14, 2025 by
CPI
Weil, Gotshal & Manges Strengthens Antitrust Practice with New Partner
Jan 14, 2025 by
CPI
Russian Court Imposes Hefty Fine on Google for Non-Compliance with Content Removal Orders
Jan 14, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – CRESSE Insights
Dec 19, 2024 by
CPI
Effective Interoperability in Mobile Ecosystems: EU Competition Law Versus Regulation
Dec 19, 2024 by
Giuseppe Colangelo
The Use of Empirical Evidence in Antitrust: Trends, Challenges, and a Path Forward
Dec 19, 2024 by
Eliana Garces
Some Empirical Evidence on the Role of Presumptions and Evidentiary Standards on Antitrust (Under)Enforcement: Is the EC’s New Communication on Art.102 in the Right Direction?
Dec 19, 2024 by
Yannis Katsoulacos
The EC’s Draft Guidelines on the Application of Article 102 TFEU: An Economic Perspective
Dec 19, 2024 by
Benoit Durand