Turning the bargaining theory tables: The Tipline for 6 June 2019
Oh, how the tables have turned. Judge Richard Leon may have rejected the harm caused by increased bargaining power from a vertical merger during AT&T/Time Warner, but he appears to be on board with the theory as it applies to CVS Health/Aetna. During the second and final day of live evidentiary hearings on the Department of Justice’s proposed settlement of the merger, Judge Leon said: “It’s the 21 million [Aetna] customers acquired… that’s the leverage [CVS] gained. Am I wrong?”
Subscribe to Global Competition Review
Subscribe and start reading now
Global Competition Review (GCR) is the complete source of news and analysis for competition practitioners. It keeps you up to speed with the issues and trends that matter, giving you the detail, and depth, you need to operate successfully.
Already have access? Login below
Copyright © Law Business ResearchCompany Number: 03281866 VAT: GB 160 7529 10