AG won't challenge Phoebe ruling; FTC will - WALB.com, Albany News, Weather, Sports

AG won't challenge Phoebe ruling; FTC will

Posted: Updated:
  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Campaign to help adults go back to college

    Campaign to help adults go back to college

    Thursday, July 31 2014 5:57 AM EDT2014-07-31 09:57:38 GMT
    Georgia officials are teaming up with the state's universities and technical colleges to get adults back in School.The "Go Back. Move Ahead." Campaign will help Georgians who completed some college to return and finish their degrees.It's part of Governor Deal's "Complete College Georgia" initiative. The campaign will help returning students with scheduling and course selection."People are always learning and we want to make sure that we embrace that when they come back to schools," said Beth ...More >>
    Georgia officials are teaming up with the state's universities and technical colleges to get adults back in School.The "Go Back. Move Ahead." Campaign will help Georgians who completed some college to return and finish their degrees.It's part of Governor Deal's "Complete College Georgia" initiative. The campaign will help returning students with scheduling and course selection."People are always learning and we want to make sure that we embrace that when they come back to schools," said Beth ...More >>
  • Missing man with Alzheimer's Disease Found

    Missing man with Alzheimer's Disease Found

    Thursday, July 31 2014 4:34 AM EDT2014-07-31 08:34:46 GMT
    Authorities in Berrien County are searching for a man with Alzheimer's Disease that has gone missing.They say John Bethea was last seen heading south on White Pond Road in Nashville at 11 a.m.More >>
    Authorities in Berrien County are searching for a man with Alzheimer's Disease that has gone missing.They say John Bethea was last seen heading south on White Pond Road in Nashville at 11 a.m.More >>
  • Albany cheerleading team could be on reality show

    Albany cheerleading team could be on reality show

    Wednesday, July 30 2014 11:42 PM EDT2014-07-31 03:42:06 GMT
    Dr. Latonya Peterson, Assistant CoachDr. Latonya Peterson, Assistant Coach
    An Albany cheerleading team could be featured on a reality show. More than 50 girls tried out to join the two time national champion Albany Elite “Tiger Paws.”More >>
    An Albany cheerleading team could be featured on a reality show. More than 50 girls tried out to join the two time national champion Albany Elite “Tiger Paws.”More >>

from the office of the Georgia Attorney General:

Attorney General Sam Olens released the following statement regarding yesterday's order by Judge Sands:

"We respect the ruling of the district court, and do not intend to appeal.

My office filed a joint complaint with the Federal Trade Administration (FTC) after the FTC voted 5-0 to seek an injunction and provided my office with robust evidence that the merger will reduce competition and raise healthcare prices in Dougherty County.

Through the district court litigation, we were able to highlight our concerns with the acquisition process."

But the Federal Trade Commission sees it differently. The agency released this statement Tuesday-

Statement by FTC Bureau of Competition Director Richard Feinstein on the Phoebe Putney Health System Ruling

 Federal Trade Commission Bureau of Competition Director Richard Feinstein issued the following statement regarding a U.S. District Court decision yesterday that denied the agency's request for a preliminary injunction barring Phoebe Putney Health System, Inc.'s proposed acquisition of competitor Palmyra Park Hospital, Inc.:

 "There is abundant evidence – and the defendants do not dispute – that Phoebe Putney's acquisition of Palmyra, its only rival hospital in the Albany, Georgia area, will create a monopoly.  This will result in dramatically higher health care costs for citizens of that community.  The deal was specifically structured to avoid antitrust enforcement.  We will immediately appeal the court's decision that the acquisition is immune from antitrust scrutiny."

 

 

Copyright 2011 WALB.  All rights reserved.