FTC Gains Support In Opposing Ga. Hospital Merger

Law360, New York (August 28, 2012, 3:53 PM EDT) -- A small-business advocacy group on Monday backed the Federal Trade Commission's challenge of Phoebe Putney Health Systems Inc.'s merger with a nearby rival, saying the hospital shouldn't face less antitrust scrutiny just because it has ties with a Georgia state agency.

In an amicus brief submitted to the U.S. Supreme Court, the National Federation of Independent Business's Small Business Legal Center said Phoebe Putney — which proposed a $195 million merger with Palmyra Park Hospital Inc. while operating under a grant of general corporate powers from...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.