New Illinois legislation could delay healthcare mergers
Illinois is set to introduce new house legislation that will impact healthcare-related transactions, with the potential to delay or prevent completion of certain deals
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Illinois is set to introduce new house legislation that will impact healthcare-related transactions, with the potential to delay or prevent completion of certain deals
Christoph Neeracher, Philippe Seiler and Raphael Annasohn, Bär & Karrer
AUSTIN - Two Texas bills seeking to expand the authority of the attorney general to pursue antitrust actions have passed the House and were heard by the Senate State Affairs Committee yesterday morning.
Illinois House of Representatives passed HB 2222 to amend Illinois Antitrust Act to add new reporting requirements for certain transactions, including mergers, acquisitions, and contracting affiliations. These heightened requirements would begin January 1, 2024.
Illinois House of Rep passed HB 2222 to increase oversight of mergers combinations for healthcare facilities unlike Hart Scott Rodino Illinois healthcare transactions law requires notice to federal antitrust agencies for any transaction value threshold intrastate covered transactions