The arrival of Atlantic Village, a sprawling “lifestyle plaza” that spans three blocks in central Hallandale Beach, has some predicting a spike in development in Hallandale Beach.
In this Issue:
United States
1.
FTC to study impact of physician group and health care facility mergers.
As part of its Merger Retrospective Program, on Jan. 13, 2021, the FTC issued an Order to File a Special Report to six health insurance companies. The FTC plans to use information gathered through the Special Report (e.g., patient-level data from 2015 to 2020) to analyze the competitive impact of physician and health care facility consolidation, as well as mergers and acquisitions, in markets for health care services.
2. FTC approves final order imposing conditions on combination of Pfizer Inc.’s Upjohn and Mylan N.V.
On Jan. 28, 2021, the FTC announced its final order approving the combination of the Upjohn division of Pfizer Inc. and Mylan N.V. in a spinoff, forming Viatris Inc. The FTC alleged that the proposed acquisition would harm competition in generic drug markets. The final order requires the parties to divest certain rights and assets in seven current generic drug markets as well as FTC approval for any future transactions involving three developing generic markets.
Friday, February 5, 2021
COFECE fines “Eco Comercializadora” for false statement during probe of cartel conduct in gas service stations in Baja, California.
The Mexican Federal Economic Competition Commission (COFECE) determined that “Eco Comercializadora” (EC) made false statements while being investigated for cartel conduct in the gasoline marketing industry in several municipalities. COFECE fined the company 9,873,000 pesos (US$450,000.00).
In August 2020, COFECE fined several companies and individuals for colluding in the gasoline marketing industry in the same geographic areas. Upon review of several filings, COFECE noticed an inconsistency between the information provided by EC during the probe and the information provided by Grupo Eco (the economic interest group of which EC is a part) during a follow-up procedure.