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The Long Arm Of The FTC Reaches Even Approved Deals

Law360 (December 8, 2010, 2:20 PM EST) -- The Federal Trade Commission has filed an administrative lawsuit seeking to undo Laboratory Corp. of America’s acquisition of Westcliff Medical Laboratories Inc. According to the agency’s Dec. 1 complaint, the merger will substantially lessen competition among providers of capitated clinical laboratory testing services to physician groups in southern California. The case represents the latest in a series of challenges to consummated transactions filed by the FTC during the past two years, keeping fresh the reminder that even closed deals are subject to agency review. It is...
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