DOJ is suing to block UnitedHealth’s $3.3 billion purchase of Amedisys because it says it would hurt access to home health and hospice services

Quick Summary:

The antitrust complaint argues the potential merger is illegal because the two companies are "such large competitors" already — and the deal would give UnitedHealth too much control in many local markets.

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Article Details

Author / Journalist: Wyatte Grantham-Philips, The Associated Press

Category: EconomyBusiness

Markets: United States

Topics: Antitrust DOJ Department of Justice UnitedHealth Group Mergers and acquisitions

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 09:51:14 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 31 words

Reading Time: 1 minutes read

Sentences: 25 lines

Sentence Length: 2 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 23568768

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Official Website: fortune.com

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