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North Carolina has supported the U.S. Federal Trade Commission's (FTC) lawsuit to prevent Novant Health's $320 million acquisition of two hospitals in the state. The FTC, which filed the lawsuit in January, argues that the merger would lead to higher healthcare costs and reduced innovation in care. This move is part of a broader FTC strategy to enforce stricter regulations on business mergers to maintain competition, particularly in significant sectors like healthcare.
FTC may try to block yet another business merger https://t.co/CCl52KbCzx
North Carolina has backed the FTC’s lawsuit seeking to block Novant Health’s $320 million acquisition of two hospitals in the state. Novant criticized the state's brief as reflecting the 'FTC’s 'one-size-fits-all' attack on hospital mergers' https://t.co/vlPfMlY8wm https://t.co/2YS2jAgl9Y
North Carolina has backed the U.S. Federal Trade Commission’s lawsuit seeking to block Novant Health’s $320 million acquisition of two hospitals in the state, a deal the agency said would lead to higher prices and reduced innovative care @MikeScarcella https://t.co/IjUMDfpJ3h https://t.co/pNhMllQynz
