FTC Defends Illumina-Grail Block — And Its Constitutionality

By Bryan Koenig (August 4, 2023, 7:04 PM EDT) -- The Federal Trade Commission offered an extensive defense of its decision to block Illumina's planned $8 billion reacquisition of Grail in a Fifth Circuit brief unsealed Friday, arguing the agency properly defined the market, that it is constitutionally sound and it didn't violate the company's rights....

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