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Lifespan/CNE, In the Matter of

9406 | Federal Trade Commission

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Filed Feb. 17, 2022
Case Flags Competition, Bureau of Competition, Merger, Horizontal, Health Care, and Hospitals and Clinics
FTC Matter/File Number 211 0031
Case Summary
The Federal Trade Commission authorized an administrative complaint, and a suit in federal court blocking the proposed merger of Rhode Island’s two largest healthcare providers. The agency alleged the deal would lead to higher prices and lower quality care. The FTC, jointly with the Rhode Island Office of the Attorney General, filed a complaint in federal district court seeking a temporary restraining order and preliminary injunction to stop the deal and to maintain the status quo pending an administrative trial on the merits of the case. On March 2, 2022, the Commission issued a statement regarding the parties’ decision to abandon the transaction.
Case Type Administrative
Status Pending
Last Updated: 4 days, 21 hours ago
Filing Date # Docket Text