Private Equity Blasts Antitrust Agencies’ Efforts to Slow Mergers

The private-equity industry is pushing back against plans by antitrust enforcers to scrutinize more proposed mergers, saying these efforts violate the law and will hurt the economy. The American Investment Council, the chief lobbying group for the nearly $12 trillion private-markets investment sector, is challenging efforts by Biden administration regulators to collect more information about—and in some cases potentially block—buyout firms’ acquisitions of companies, The Wall Street Journal reports. Read more.

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HHS Settles $100K Ransomware Investigation with Medical Management Co.

On April 22, 2019, Doctors' Management Services filed a breach report with HHS saying that about 206,695 people were affected when their network server was infected with GandCrab ransomware. The initial unauthorized access to the network occurred on April 1, 2017, but Doctors' Management Services didn't detect the intrusion until December 24, 2018, after ransomware was used to encrypt their files. In April 2019, OCR began its investigation.