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US moves to block massive health insurer deals led by Anthem, Aetna

Department of Justice says that the two multibillion-dollar mergers will reduce competition, raise prices for consumers and stifle innovation
Monday, July 25, 2016 - 05:50
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Antitrust officials have filed a lawsuit against Anthem Inc's proposed purchase of Cigna Corp (above) and Aetna Inc's planned acquisition of Humana Inc.
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Antitrust officials have filed a lawsuit against Anthem Inc's proposed purchase of Cigna Corp and Aetna Inc's planned acquisition of Humana Inc (above).

New York

US antitrust officials moved to block an unprecedented consolidation of the national health insurance market, filing a lawsuit against Anthem Inc's proposed purchase of Cigna Corp and Aetna Inc's planned acquisition of Humana Inc.

The US Department of Justice said that the