Justices May Refine State Action Antitrust Rule In Phoebe

Law360, New York (June 25, 2012, 8:37 PM EDT) -- The U.S. Supreme Court's decision Monday to hear the Federal Trade Commission's Phoebe Putney Health System Inc. merger challenge will let the justices clarify just how explicitly state lawmakers must express their intent for a state regulation to replace federal competition rules for antitrust immunity to apply, attorneys say.

The fight over whether Phoebe Putney's $195 million acquisition of its only nearby rival is shielded from the FTC's oversight by a 1941 Georgia hospital authority law gives the high court a chance to refine its two-part...
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