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Post-AMG Scorecard (Updated): FTC Claims For Monetary Relief In 13(b) Actions Dwindle - Consumer Protection mondaq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondaq.com Daily Mail and Mail on Sunday newspapers.
Dear Attorney General Garland and Chair Khan: We write today regarding the recently expanded antitrust authorities of the Department of Justice (DOJ) and Federal Trade Commission (FTC) over the health insurance industry following the enactment of the Competitive Health Insurance Reform Act (CHIRA) of 2020. The CHIRA protects consumers from anticompetitive practices by repealing the McCarran-Ferguson Act’s outdated antitrust exemption for the health insurance industry. Decades of consolidation by health insurance brokers has primed the industry for abuse, allowing insurers to exert market power in order to raise premiums, restrict competition, and deny consumers choice. [1] Despite the clearly anticompetitive nature of these practices, before the CHIRA was enacted, regulators lacked the power to stop insurers’ misconduct due to the industry’s antitrust exemption. For example, as recently as last December, a U.S. District Court dismissed antitrust claims against ....
San Antonio veteran and amputee moves into new, accessible home thanks to actor s foundation Gary Sinise, otherwise known as Lieutenant Dan from Forrest Gump, runs a foundation which focuses on helping wounded U.S. veterans. Author: Alan Kozeluh Updated: 7:29 PM CDT June 17, 2021 SAN ANTONIO A wounded veteran with over 20 years of service moved into his new adaptive house Thursday with the help of a well-known benefactor. “We’re overwhelmed,” Juan JJ Guerrero said. “It’s a lot to process, you know, first day.” The family s new accommodating home was built courtesy of the Gary Sinise Foundation, run by the Oscar-nominated actor known for his roles in Forrest Gump and Apollo 13, among other films. ....
Post-AMG Scorecard (Updated): Different Roads Forward for the FTC in Pending Cases | Kelley Drye & Warren LLP jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
The pending Ninth Circuit appeal was held in abeyance pending AMG’s outcome. Following the AMG decision, the parties filed supplemental briefs regarding how the appeal should proceed. Both the FTC and defendants conceded that the monetary judgment under 13(b) should be vacated. The FTC argued AMG has no other effect; defendants disagree. The appeal remains pending. FTC v. American Future Systems, Inc., No. 20-cv-02266 (E.D. Pa.) On April 30, defendants filed a notice of supplemental authority notifying the court of the AMG decision, and arguing that significant portions of the FTC’s complaint should be stricken. On May 17, 2021, defendants filed their answers to the (pre- ....