FTC Denies Phoebe’s Claim It Wants To Upend Antitrust Rule

Law360, New York (November 2, 2012, 6:08 PM EDT) -- The Federal Trade Commission rejected claims Wednesday that it was trying to radically rewrite an antitrust exemption for state conduct in its U.S. Supreme Court challenge to Phoebe Putney Health System Inc.'s $195 million acquisition of its only nearby rival.

Phoebe Putney, the hospital authority that cleared its purchase of fellow Georgia health care provider Palmyra Park Hospital Inc. and their supporters have described the FTC's bid to block the combination as an attempt to upend the current rules for the so-called state action exemption, according...
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