U.S. District Court Blocks Anthem’s Acquisition of Cigna

Department of Justice press release ----- Judge Amy Berman Jackson for the District of Columbia ruled in favor of the Justice Department in its civil antitrust lawsuit to block health insurer Anthem, Inc.'s acquisition of Cigna Corp., the Justice Department announced. "Today's decision is a victory for American consumers," said Acting Assistant Attorney General Brent Snyder of the Justice Department's Antitrust Division. "This merger would have stifled competition, harming consumers by increasing health insurance prices and slowing innovation aimed at lowering the costs of healthcare. In concluding that Anthem's acquisition of Cigna would violate federal antitrust laws, the court has protected consumers and the competition on which they rely. I thank the hardworking staff of the Antitrust Division and our state partners, who conducted a thorough investigation and offered a clear and compelling presentation across a two-phase trial and never wavered in their commitment to protect competition in these markets." For more information on U.S. District Court blocks Anthem's acquisition of Cigna click on the picture below to read the release.