American Economic Liberties Project Applauds DOJ Plans to Block Massive Health Care Merger

WASHINGTON, Feb. 25 (TNSPol) -- The American Economic Liberties Project issued the following news release on Feb. 24, 2022:

The American Economic Liberties Project today released the following statement in response to new reports that the U.S. Department of Justice's Antitrust Division plans to block the $13 billion acquisition of Change Healthcare, one of the nation's largest physician reimbursement platforms, by UnitedHealth Group, the largest health insurer in the United States.

"By blocking this health care mega-merger, America's antitrust leaders are taking a stand to stop the nation's largest health insurance company from creating a vertically integrated, all-seeing health care giant," said Krista Brown, Senior Policy Analyst at the American Economic Liberties Project.

"The Department of Justice has rightly learned that data consolidation poses serious competitive threats.

"This merger would have allowed UnitedHealth to gather an extraordinary amount of sensitive health care data, further entrenching its monopoly power at the expense of patients, health care providers, and the resiliency of our entire health care system."