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Wednesday, April 23, 2014
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Court: ProMedica, St. Luke's merger anti-competitive
ProMedica officials said they are prepared to go to the U.S. Supreme Court, if necessary, to appeal a court order to divest itself of St. Luke’s Hospital in Maumee. In a unanimous opinion on Tuesday, a three-judge panel of the U.S. 6th Circuit Court of Appeals in Cincinnati denied ProMedica’s petition to overturn a Federal Trade Commission ruling issued in 2011 that said it would be illegal and anti-competitive for ProMedica to merge with St. Luke’s.
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