The decision blocking the merger of Anthem and Cigna will not be publicly available for several days; however, we do have a 12-page order from the court which officially blocks the merger, as well as providing some detail about why the merger was enjoined. Because of the confidential nature of the information involved, the judge sealed the opinion for the time being with the intention of making it available to the public as soon as possible. The parties must submit any notice

Antitrust exemptions are few and far between, and for good reason. The antitrust laws are the bedrock of our free market system. Where an exemption exists competitors can set the terms of competition – set prices, allocate markets and deter competition. Competitors get to behave in ways that hurt consumers, drive up prices, and erode quality. Appropriately, antitrust exemptions are few and limited. Indeed, a good part of the growth in formerly regulated industries came abou