00:00It's Benzinga bringing Wall Street to Main Street.
00:02UnitedHealth Group's $3.3 billion acquisition of Emeticis faces a new hurdle as the U.S.
00:07Department of Justice filed a lawsuit to block the merger, citing concerns over reduced competition
00:13in the home health services market. The DOJ argues that merging UnitedHealth and Emeticis
00:19would negatively impact patients, insurers, and home health providers. Optum, UnitedHealth's
00:24health services unit, claims the acquisition would drive innovation, calling the DOJ's
00:29stance an overreaching interpretation of antitrust laws. Shares of UnitedHealth
00:34dropped more than 1%, while Emeticis' shares fell over 2%.
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