acquisition

Justice Department sues to block UnitedHealth Group’s $13 billion acquisition of Change Healthcare

Photo: Glowimages/Getty Visuals

 

The Division of Justice has submitted a civil lawsuit to quit the $13 billion merger amongst UnitedHealth Team and Alter Health care. 

The criticism was submitted now by the DOJ and Lawyers Basic in Minnesota and New York, in the U.S. District Court docket for the District of Columbia.

As alleged in the criticism, the proposed transaction would give United, a  company that owns the most significant health insurance company in the United States, access to a large sum of its rival wellbeing insurers’ competitively delicate info, in accordance to the DOJ. 

The proposed transaction would harm levels of competition in professional health insurance policy marketplaces, as properly as in the current market for technological innovation made use of by wellness insurers to procedure overall health insurance claims, the DOJ explained. It would give United control of a important data freeway of health and fitness insurance coverage

Read More