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U.S. trustbusters’ red faces match legal red tape
  + stars: | 2022-09-20 | by ( ) www.reuters.com   time to read: +2 min
A UnitedHealth Group health insurance card is seen in a wallet in this picture illustration October 14, 2019. REUTERS/Lucy Nicholson/IllustrationNEW YORK, Sept 20 (Reuters Breakingviews) - America’s antitrust enforcers can’t catch a legal break. Unless they start scoring court wins, competition hawks’ legacy may be less stopping M&A than making it more painful. UnitedHealth’s victory, which followed 20 months of investigation and litigation, confirms that merger reviews generally are becoming more onerous. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
WASHINGTON (Reuters) -A U.S. judge on Monday denied the Justice Department’s bid to stop UnitedHealth Group from buying Change Healthcare, a court filing showed, in a blow to the U.S. administration’s tougher enforcement of antitrust issues. UnitedHealth announced the all-cash deal in January 2021, saying it would help streamline administrative and payment processes. UnitedHealth said it was “pleased with the decision” and looked forward to combining with Change as quickly as possible. The Justice Department had said that UnitedHealth and Change Healthcare offer competing software for processing healthcare claims and together serve 38 of the top-40 health insurers in the country. The Justice Department also lost a bid to win convictions of executives at chicken processing companies that it accused of price-fixing.
Humana increased its adjusted earnings per share guidance for full-year 2022 to about $25, up 25 cents from its previous estimate. We knew there was a possibility that Humana would raise its target, which could cause the stock to rally. This can help boost Medicare Advantage revenue and ultimately help Humana get on the path of $37 per share. We are confident that the Medicare Advantage business will continue to grow. While it's business largely comes from Medicare Advantage plans sold to retail customers, we should point out that Humana's services expand the addressable health care market.
The court’s decision is a win for UnitedHealth, which owns the largest U.S. health insurer and a sprawling healthcare operation that comprises thousands of doctors as well as clinics and valuable data. August 22, 2022, USA: UnitedHealth Group headquarters in Minnetonka, Minnesota. (Credit Image: © File/Minneapolis Star Tribune via ZUMA Press Wire)WASHINGTON—A federal judge Monday ruled against a Justice Department antitrust challenge to UnitedHealth Group $13 billion acquisition of health-technology firm Change Healthcare rejecting government claims that the deal would unlawfully suppress competition and limit innovation in health-insurance markets. U.S. District Judge Carl Nichols ruled for the companies in an opinion that he kept under seal for now because he said it “may contain competitively sensitive information.” The judge said he would release a redacted public version of the ruling in the coming days. In a one-page public order, he denied the Justice Department’s request to block the companies from completing the deal.
În data de 14 martie 2018, a fost aleasă de Bundestag pentru a patra oară în funcția de cancelar federal. În anul 2021, va fi a 49-a persoană care deține poziția de vicepreședintă a Statelor Unite ale Americii. În data de 2 iulie 2019, a fost nominalizată de Consiliul European pentru funcția de președintă a Comisiei Europene. Înainte de aceasta, a fost directoare generală a Santander UK, o funcție pe care a deținut-o din decembrie 2010. Începând cu 2014, ea a fost președintă și directoare executivă a companiei americane de investiții Fidelity Investments (FMR) și președintă a companiei sale internaționale sindicale Fidelity International (FIL).
Persons: Angela Merkel, Christine Lagarde, Harris, Angela Merkel Angela Dorothea Merkel, Christine Madeleine Odette Lagarde Christine Madeleine Odette, Lagarde, Ea, Kamala Devi Harris Kamala Devi Harris, Ursula Gertrud von, Albrecht, Ursula von, Walter Hallstein, Melinda Ann Gates Melinda Ann Gates, Bill Gates . Ea, Bill, Melinda Gates, Mary Barra, Nancy Pelosi Nancy Patricia D’Alesandro, Nancy Pelosi, Mike Pence, Ana Patricia Botín, Patricia Botín, Sautuola, Abigail Pierrepont Johnson Abigail Pierrepont Johnson, Gail Koziara Organizations: Forbes, Monetar, FMI, CDU, Europene, Parlamentul European, Economice Europene, Microsoft, Microsoft Bob, General Motors, Partidului Democrat din, SUA, Santander, Santander UK, International, Aetna, UnitedHealth Group Locations: Republicii Federale Germania, Bundestag, german, Christine Madeleine Odette Lagarde Christine Madeleine Odette Lagarde, Franța, Statelor Unite, California, Statelor Unite ale Americii, Ursula Gertrud von der, Ursula von der, Germania, DBE, America, Barra, Nancy Pelosi Nancy Patricia D’Alesandro Pelosi, americană, Partidului Democrat din SUA, Nancy, Statele Unite, Spania, Santander, Investments, SUA, Illinois
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