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Text of D.C. District Court Opinion Blocking Aetna-Humana Merger
U.S. District Court for the District of Columbia
Jan. 24, 2017 158 pages. "The Court concludes that the proposed merger is likely to substantially lessen competition in Medicare Advantage in all 364 complaint counties and in the public exchanges in the three complaint counties in Florida.... In that market, which is the primary focus of this case, the merger is presumptively unlawful ... In the public exchanges, the Court finds that Aetna withdrew from competing in the 17 complaint counties for 2017 specifically to evade judicial scrutiny of the merger.... The Court finds that Aetna is likely to offer plans on the exchanges only in the three complaint counties in Florida in 2018 and beyond, and that the merger is likely to substantially lessen competition in those counties. And as in the Medicare Advantage market, the Court concludes that defendants' proffered efficiencies do not offset the anticompetitive effects of the merger." [U.S. v. Aetna Inc., No. 16-1494 (D.D.C. Jan. 23, 2017)] MORE >> |
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