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PA monopoly fears killed Blue Cross merger: insurers
"Despite the well-documented advantages of the consolidation for our customers and our communities, the Insurance Department would not approve the transaction because of its belief that there would be an adverse impact on competition," say Independence Blue Cross and Highmark Inc.
"Despite the well-documented advantages of the consolidation for our customers and our communities, the Insurance Department would not approve the transaction because of its belief that there would be an adverse impact on competition," say Independence Blue Cross and Highmark Inc. in this statement. Jane Von Bergen broke the story here.