High Court To Weigh Antitrust Immunity Rule In Merger Fight

Law360, New York (November 20, 2012, 9:26 PM EST) -- The U.S. Supreme Court is expected to weigh how explicit state legislation needs to be to shield businesses and government entities from antitrust scrutiny when it hears oral arguments Monday in the Federal Trade Commission's fight against Phoebe Putney Health System Inc.'s $195 million merger with its rival, a case that could reverberate across industries from energy to insurance.

Since the justices agreed to hear the case in June, Phoebe Putney and the local authority that approved its acquisition of fellow Georgia health care provider Palmyra...
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