Mergers & Acquisitions Mergers & Acquisitions

Illumina-Grail challenge by US FTC is first effort to block a merger under US President Joe Biden

By Curtis Eichelberger
  • 30 Mar 2021 17:14
  • 30 Mar 2021 17:14
The US Federal Trade Commission today voted unanimously to file a lawsuit seeking to block Illumina’s proposed acquisition of Grail, a company that develops blood tests to identify early stage cancers, in the first challenge to a merger during Joe Biden's presidency.

The agency’s concerns focus on vertical integration along the supply chain

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