Categories: Business

DaVita and its former CEO acquitted of U.S. antitrust charges By Reuters

[ad_1]

© Reuters. FILE PHOTO: The outdoor sign seen at the DaVita Dialysis clinic in Denver February 16, 2017. REUTERS/Rick Wilking

(Reuters) -A jury in Denver, Colorado, acquitted dialysis provider DaVita (NYSE:) and its former CEO Kent Thiry on Friday of charges that they conspired with competitors not to hire each other’s employees.

The Justice Department had alleged in the case that both DaVita and Surgical Care Affiliates LLC required senior-level employees who sought to work for them to notify their current employers that they were job-hunting.

“The jury affirmed that this case should never have been brought,” Thiry said in a statement. “I want to thank the community that provided so much support through this difficult time.”

In a statement, DaVita said: “(We) are grateful to put this matter behind us. We remain committed to operating with integrity and upholding the highest standards of law.”

While enforcers have traditionally focused on prices and innovation in enforcing antitrust law, the Biden administration has shifted its emphasis somewhat to put more focus on illegal agreements that might push down wages.

Friday’s decision comes after DaVita and Thiry had an alleged anti-poaching agreement with Surgical Care Affiliates LLC, now part of UnitedHealthcare, from 2012 to 2017 that sought to prevent each company from wooing away senior-level employees, the Justice Department said last year.

SCA was charged in early 2021. Trial has been set for early next year.

The department also alleged that DaVita struck agreements with two other companies, Hazel Health Inc and Radiology Partners, to not hire DaVita employees.

The jury acquitted the company and its former CEO on all three counts, a spokeswoman for Thiry said.

Wyn Hornbuckle, a spokesperson for the U.S. Justice Department, said in a statement that he was disappointed in the outcome, but respects the jury’s decision and remains committed to enforcing the antitrust laws in the labor markets.

[ad_2]
Source link
Admin

Recent Posts

Position Games: Spin Your Way to help Fun and Rewards

Slot video game titles are one of the most popular forms of gambling establishment entertainment.…

6 hours ago

Going through the Best Perfume Shops Close by

Are you on a quest to discover the perfect scent that talks to your soul…

4 days ago

Great things about Wearing a Posture Perfekt

Hey there! If you've ever discovered for yourself slouching over a computer and feeling the…

5 days ago

Altering CBS: A Renovation Trip

Hey there, renovation enthusiasts as well as celebrity fans! Have you ever asked yourself what…

5 days ago

Madrid’s Exhibitions with DondeGo: Your Ultimate Guide

Madrid, a city that pulses with history, creativity, and also cultural dynamism, is a gem…

5 days ago

Knowing the Anjouan License: A Comprehensive Guidebook

Hey there! So, you're interested in learning the Anjouan license, right? Well, you've come to…

5 days ago