Reuters
Judge denies U.S. bid to stop UnitedHealth plan to buy Change
WASHINGTON (Reuters) -A U.S. judge on Monday denied the Justice Department’s bid to stop UnitedHealth Group from buying Change Healthcare, in a blow to the U.S. administration’s tougher enforcement of antitrust issues. The Justice Department had filed a lawsuit in February aimed at stopping the $8 billion acquisition, saying the deal would give the largest U.S. health insurer access to its competitors’ data and ultimately push up healthcare costs. The department’s top antitrust official, Jonathan Kanter, said they are “reviewing the opinion closely to evaluate next steps”.
