FTC to Appeal Illumina-Grail Merger Loss, Extending Litigation
- FTC commissioners to review case, issue own ruling on merger
- FTC in-house judge found the deal didn’t violate antitrust law
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The US Federal Trade Commission said Friday it’s appealing a decision by an administrative judge to allow Illumina Inc.’s $7 billion acquisition of cancer-startup Grail Inc.
An FTC spokesperson confirmed the agency’s staff filed a notice of their intent to appeal on Friday.