A federal judge in Washington today blocked Aetna's proposed $37 billion acquisition of Humana, punctuating an era of antitrust enforcement under the Obama administration that broke up merger deals in a host of industries.
The U.S. Justice Department sued in July to block Aetna’s deal and also moved to block Anthem Inc.’s proposed $54 billion acquisition of Cigna Corp. Antitrust enforcers alleged the two mergers would amount to an “unprecedented consolidation in the health insurance industry.”
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C. Ryan Barber
C. Ryan Barber, based in Washington, covers government affairs and regulatory compliance. Contact him at [email protected]. On Twitter: @cryanbarber
