DOJ & State AGs Sue to Block Anthem’s Acquisition of Cigna, Aetna’s Acquisition of Humana
Attorney General Loretta E. Lynch announced that the U.S. Department of Justice and attorneys general from multiple states and the District of Columbia sued to block Anthem’s proposed acquisition of Cigna and Aetna’s proposed acquisition of Humana, alleging that the transactions would increase concentration and harm competition across the country, reducing from five to three the number of large, national health insurers in the nation. Attorney General Lynch was joined in the announcement by Principal Deputy Associate Attorney General Bill Baer and Deputy Assistant Attorney General Sonia K. Pfaffenroth of the Antitrust Division.