President Joe Biden’s pledge to crack down on anticompetitive consolidation has set the stage for stricter oversight of vertical integration across the healthcare industry, Modern healthcare reports. The Biden administration has vowed to stop proposed mergers that would stunt competition, in part, by increasing the Federal Trade Commission’s and the Justice Department’s budgets, adjusting the standards for permissible mergers, barring the use of non-compete clauses and bolstering retrospective merger analyses. Breaking up the healthcare conglomerates and limiting proposed anticompetitive vertical mergers will be a key part of regulators’ oversight strategy, merger and acquisition experts said. Read more.
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