UnitedHealth to Face U.S. Lawsuit to Block Change Deal
- DOJ says combination would let health giant co-opt rivals
- Case is latest move by antitrust enforcers to stop dealmaking
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The U.S. Justice Department sued to block UnitedHealth Group Inc.’s proposed $7.8 billion purchase of Change Healthcare Inc., arguing that the combination could limit competition among businesses that move money through the health-care system.
The department filed a complaint against the takeover in federal court in Washington Thursday, arguing that the purchase would give UnitedHealth access to vast amounts of competitively sensitive data about rivals.