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27 February 2018
Dr. Lawrence Wu
On 27 February 2018 NERA President Dr. Lawrence Wu served on an expert panel where he testified about the proposed merger of CVS Health and Aetna before the United States House Committee on the Judiciary, Subcommittee on Regulatory Reform, Commercial and Antitrust Law. In his testimony, Dr. Wu offered three observations for the committee's consideration:
Dr. Wu concluded that if the Antitrust Division finds that the proposed transaction has a low risk of competitive harm, we should let the transaction go through, see what innovation flows from the merger, and allow the market to determine its success.
Click here to watch a video of the hearing.