Signal Ftc Granted Injunction To Pause Iqvia S Acquisition Of Propel The us federal trade commission (ftc) has been granted a temporary injunction against health tech giant iqvia’s acquisition of digital advertising company propel media and its healthcare marketing subsidiary deepintent due to fears it may lead to anti competitive practices. iqvia, known for its clinical trial and healthcare information provision, looked to purchase propel in july of last. The commission also authorized ftc staff to seek a temporary restraining order and preliminary injunction in federal district court to prevent iqvia from consummating its acquisition of propel media, pending the agency’s administrative proceeding.
Ftc Lawsuit Holds Up Iqvia S Advertising Acquisition Of Propel Media Following a review spanning november and december 2023, on december 29, 2023, the us district court for the southern district of new york granted the federal trade commission’s (ftc) request for a preliminary block to prevent iqvia from acquiring propel media. 1 the ftc originally sued to block the acquisition in july 2023. according to a press release from the ftc, “…the proposed. The ftc sued in july to block the acquisition of propel by iqvia, the world’s largest health care data provider. the agency alleged the deal would lead to further consolidation in the market for health care programmatic ads and drive up prices, part of a broader trend of more aggressive antitrust enforcement. Opinion & order the federal trade commission (ftc) brought this action to preliminarily enjoin the proposed acquisition of deepintent by iqvia. 2 according to the ftc, the merger will have the effect of substantially lessening competition in the field of programmatic advertising to health care professionals (hcps). specifically, the ftc alleges that the acquisition will cause the merger of two. The us federal trade commission (ftc) has been granted a temporary injunction against health tech giant iqvia’s acquisition of digital advertising company propel media and its healthcare marketing subsidiary deepintent due to fears it may lead to anti competitive practices.
Iqvia Responds To Ftc S Block On Acquisition Of Propel Media Opinion & order the federal trade commission (ftc) brought this action to preliminarily enjoin the proposed acquisition of deepintent by iqvia. 2 according to the ftc, the merger will have the effect of substantially lessening competition in the field of programmatic advertising to health care professionals (hcps). specifically, the ftc alleges that the acquisition will cause the merger of two. The us federal trade commission (ftc) has been granted a temporary injunction against health tech giant iqvia’s acquisition of digital advertising company propel media and its healthcare marketing subsidiary deepintent due to fears it may lead to anti competitive practices. This latest preliminary injunction is the commission's fourth successful healthcare sector merger challenge within a one month span. iqvia holdings' proposed acquisition of rival propel media has. The decision came days after the u.s. district court for the southern district of new york granted the federal trade commission’s request for a preliminary injunction to prevent iqvia from acquiring propel media.
Ftc Sues Iqvia To Block Propel Media Acquisition Pharmalive This latest preliminary injunction is the commission's fourth successful healthcare sector merger challenge within a one month span. iqvia holdings' proposed acquisition of rival propel media has. The decision came days after the u.s. district court for the southern district of new york granted the federal trade commission’s request for a preliminary injunction to prevent iqvia from acquiring propel media.
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