FTC Says Ga. Law Wasn't Meant To Shield Hospital Deal

Law360, New York (June 5, 2012, 4:57 PM EDT) -- The Federal Trade Commission told the U.S. Supreme Court on Monday that the Georgia law used to shield Phoebe Putney Health System Inc.'s $195 million acquisition of a rival hospital from antitrust scrutiny did not lay out a state policy favoring that kind of merger-to-monopoly.

The antitrust watchdog accused Phoebe and the hospital authority that cleared the purchase of Palmyra Park Hospital Inc. of misconstruing the high court's precedent in their defense of the Eleventh Circuit's decision that the deal was protected by the state action...
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