The Federal Trade Commission sued to stop Louisiana Children’s Medical Center from integrating the operations of three recently acquired hospitals, saying the deal wasn’t properly reported to federal antitrust regulators for a review.
The lawsuit, filed Thursday in the US District Court for the District of Columbia, comes a day after the children’s hospital sued the FTC and other federal antitrust regulators in a Louisiana court, seeking to clarify that the state’s approval of the $150 million acquisition from HCA Healthcare can preempt federal merger review.
LCMC already received deal approval from the state legislature and the state’s attorney general ...
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