Court grants FTC in­junc­tion over IQVI­A's deal with Pro­pel Me­dia and Deep­In­tent

A fed­er­al judge grant­ed a pre­lim­i­nary in­junc­tion to the Fed­er­al Trade Com­mis­sion over IQVIA’s pro­posed ac­qui­si­tion of Pro­pel Me­dia and its da­ta-dri­ven health­care mar­ket­ing sub­sidiary Deep­In­tent.

The FTC ini­tial­ly filed a com­plaint in Ju­ly to block the sale.

Judge Edgar­do Ramos of the US Dis­trict Court for the South­ern Dis­trict of New York agreed with the FTC. In his rul­ing on Fri­day, Ramos said there is “rea­son­able prob­a­bil­i­ty that the pro­posed ac­qui­si­tion will sub­stan­tial­ly im­pair com­pe­ti­tion in the rel­e­vant mar­ket.”

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