Law360 (October 29, 2010, 11:41 AM EDT) -- On Oct. 18, the Antitrust Division of the U.S. Department of Justice and the State of Michigan filed an antitrust lawsuit against Blue Cross Blue Shield of Michigan ("BCBS"), alleging that most favored nation clauses ("MFNs") in BCBS's contracts with hospitals unreasonably restrain trade in violation of Section 1 of the Sherman Act and Section 2 of the Michigan Antitrust Reform Act. Civil action no. 2:10-cv-14155-DPH-MKM (E.D. Mich.). (www.fulbright.com/e_Templates/CRD/Publications/20101019USAvBlueCross.pdf) Obviously of interest to hospitals, insurers and others in the managed care industry, the suit also has serious implications for any business that uses MFN clauses....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
