FTC wholesale definition proves key to judge's decision to bar Cardinal, McKesson mergers.
This article was originally published in The Tan Sheet
Executive Summary
FTC WHOLESALE MARKET DEFINITION KEY IN DECISION TO ENJOIN MERGERS issued by D.C. federal court Judge Stanley Sporkin July 31. The inability of the four merging wholesalers to persuade the judge the Federal Trade Commission's definition of the relevant market was too narrow led to his decision to grant a preliminary injunction against the Cardinal Health/Bergen Brunswig and McKesson/AmeriSource mergers.