FTC Will Challenge Consummated Acquisitions

Law360 (January 13, 2011, 1:37 PM EST) -- On Dec. 1, the Federal Trade Commission issued an administrative complaint challenging Laboratory Corporation of America's (LabCorp) consummated acquisition of rival Westcliff Medical Laboratories Inc. The FTC alleged that the acquisition, which was completed in June, would substantially lessen competition among providers of capitated clinical laboratory testing services to physician groups in Southern California....

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