Hospital's Immunity Bid In FTC Merger Fight Nixed By Justices

Law360, New York (February 19, 2013, 2:51 PM EST) -- The U.S. Supreme Court ruled Tuesday that a Georgia hospital authority law did not shield Phoebe Putney Health System Inc.'s acquisition of its only nearby rival from antitrust scrutiny, handing a victory to the Federal Trade Commission.

In a unanimous decision, the justices concluded there was no evidence that the state had contemplated that the 1941 hospital authority system would displace competition, reversing the Eleventh Circuit decision that allowed Phoebe Putney to proceed with its $195 million acquisition of Palmyra Park Hospital Inc.

The court largely...
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