{"id":1647826,"date":"2022-09-19T22:51:04","date_gmt":"2022-09-20T02:51:04","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1647826"},"modified":"2022-09-19T22:51:49","modified_gmt":"2022-09-20T02:51:49","slug":"judge-denies-u-s-bid-to-stop-unitedhealth-plan-to-buy-change","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/judge-denies-u-s-bid-to-stop-unitedhealth-plan-to-buy-change\/","title":{"rendered":"Judge denies U.S. bid to stop UnitedHealth plan to buy Change"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fjudge-denies-u-s-bid-to-stop-unitedhealth-plan-to-buy-change%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1647826&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>By Diane Bartz<\/p>\n<p>WASHINGTON (Reuters) -A U.S. judge on Monday denied the Justice Department\u2019s bid to stop UnitedHealth Group from buying Change Healthcare, in a blow to the U.S. administration\u2019s tougher enforcement of antitrust issues. <\/p>\n<p>Change shares rose 7% after the close of trading.<\/p>\n<p>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\u2019 data and ultimately push up healthcare costs.<\/p>\n<p>The department\u2019s top antitrust official, Jonathan Kanter, said they are \u201creviewing the opinion closely to evaluate next steps\u201d.<\/p>\n<p>UnitedHealth announced the all-cash deal in January 2021, saying it would help streamline administrative and payment processes. <\/p>\n<p>Judge Carl Nichols said in a brief order on Monday that he would deny the government\u2019s request to stop the deal, and ordered the companies to go forward with an asset sale that they had proposed.<\/p>\n<p>The order follows a trial in the case in August in the U.S. District Court for the District of Columbia. <\/p>\n<p>UnitedHealth said it was \u201cpleased with the decision\u201d and looked forward to combining with Change as quickly as possible.<\/p>\n<p>The Justice Department had said that UnitedHealth and Change Healthcare offer competing software for processing healthcare claims and together serve 38 of the top-40 health insurers in the country. <\/p>\n<p>The department argued that access to the claims would give UnitedHealth a view into rivals\u2019 health plans, including Humana Inc, Anthem Inc and others.<\/p>\n<p>The loss for the Justice Department follows a recent decision by a Federal Trade Commission judge that genetic analysis equipment maker Illumina should be allowed to buy cancer detection test maker Grail \u2013 a move opposed by the agency.<\/p>\n<p>The Justice Department also lost a bid to win convictions of executives at chicken processing companies that it accused of price-fixing.<\/p>\n<p>But the agencies have also had wins, and successfully killed planned deals by Aon Plc and Willis Towers Watson Plc as well as Lockheed Martin\u2019s plan to buy engine maker Aerojet Rocketdyne. <\/p>\n<p> (Reporting by Diane Bartz; editing by Jonathan Oatis, Deepa Babington and Christian Schmollinger)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/judge-denies-u-s-bid\/file-photo-the-corporate-logo-of-the-unitedhealth-group-appears-2\/\"><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/09\/tagreuters.com2022binary_LYNXMPEI8I0XS-BASEIMAGE.jpg\" alt=\"tagreuters.com2022binary_LYNXMPEI8I0XS-BASEIMAGE\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Diane Bartz WASHINGTON (Reuters) -A U.S. judge on Monday denied the Justice Department\u2019s bid to stop UnitedHealth Group from buying Change Healthcare, in a blow to the U.S. administration\u2019s<\/p>\n","protected":false},"author":66,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1647826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1647826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1647826"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1647826\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1647826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1647826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1647826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}