Romania: Antitrust body clears Elite Medical acquisition of IDS Laboratories

Romania’s competition council said on Monday, August 20, it has approved the acquisition of medical laboratory services group IDS Laboratories by local healthcare provider Elite Medical.

“Following a review of the transaction, the Competition Council found that it does not raise significant obstacles to effective competition in the market, in particular by establishing or strengthening a dominant position,” the anti-trust authority said in a statement.

IDS Laboratories comprises Medical Expert Clinic and IDS Laborator, which also provide laboratory medical services in Romania.

Elite Medical is active in the provision of medical services offering a wide range of clinical and paraclinical services, both ambulatory and hospital.

Full Content: See News

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.