Syracuse Antitrust Lawyers
Antitrust laws have been in place in the United States since the Sherman Act was passed in 1890, and the Clayton Act followed in 1914. Congress also created the Federal Trade Commission (FTC), which works to enforce antitrust laws along with the Department of Justice (DOJ). These laws are intended to promote trade and to prohibit conduct by companies that constitutes unfair competition in the market.
The federal government takes antitrust compliance very seriously, and the FTC regularly tries to stop mergers and acquisitions and other conduct that might unfairly impact the market. The healthcare industry is one the FTC focuses its attention on, and many healthcare providers face antitrust issues for different reasons. These issues can be costly – whether you are suspected of antitrust violations or experiencing the effects of violations by other companies. You want antitrust lawyers who handle cases in Syracuse representing you, so contact the Law Offices of George M. Sanders, P.C., today.
When FTC agents suspect that a transaction or other dealings violate antitrust provisions, you can expect that they will closely review every detail of the situation. This includes when two healthcare companies merge, or a large hospital acquires a smaller provider, as the FTC can review the transaction and potential market effects, and they can possibly block the deal from happening as planned.
The FTC doesn’t only concern itself with large mergers and acquisitions, as even smaller providers can face antitrust complications if they are merging to form a joint venture or small network. It is important to have an antitrust attorney reviewing all of your contracts and transaction details to minimize the chances of raising FTC eyebrows. If the FTC or DOJ does challenge the deal, the right lawyer can negotiate and work to ensure the transaction can be completed with the most favorable terms possible.
Healthcare providers who merge or start joint ventures might also face complaints from other providers in the market. They might raise unfair competition concerns with the government, possibly resulting in an FTC investigation. You want experienced legal representation throughout this process to prevent liability and penalties whenever possible.
Standing Up for Your Rights in the Marketplace
Even though large hospitals and major health networks have deep pockets and plenty of revenue, they want to keep it that way, and they often take unfair action against smaller providers or independent medical or surgical centers. If your business is being bullied by a hospital – such as through falsely negative peer reviews – you should not wait to speak to an attorney who can help you protect your interests and your practice.
Consult with Our Syracuse Antitrust Lawyers Today
There are many situations in which healthcare professionals of all sizes might face antitrust issues and investigations. The penalties for violations can be harsh, and you want to protect your practice by ensuring every step of the process is handled properly. Contact the Law Offices of George M. Sanders, P.C., to speak with an antitrust lawyer who helps clients in Syracuse right away.