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Judge in IQVIA-Propel case declines to weigh in on US FTC vertical theory in decision to grant preliminary injunction

By Serafina Smith and Ben Brody ( January 8, 2024, 23:25 GMT | Insight) -- In a redacted decision released today on the IQVIA-Propel deal, US District Judge Edgardo Ramos found that evidence of the Federal Trade Commission’s horizontal theory of harm was persuasive enough to grant the FTC’s request for a preliminary injunction, declining to weigh in on the merits of the agency’s proposed vertical theory of harm.In a redacted decision released today on the IQVIA-Propel deal, US District Judge Edgardo Ramos found that evidence of the Federal Trade Commission’s horizontal theory of harm was persuasive enough to grant the FTC’s request for a preliminary injunction, declining to weigh in on the merits of the agency’s proposed vertical theory of harm....

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