“[S]enior officials at Evanston and Highland Park anticipated that the merger would give them leverage to raise prices, and the merged firm did in fact raise its prices immediately and substantially after the transaction.”

— The conclusion of an investigation by the Federal Trade Commission concerning a merger of Illinois hospitals, but the FTC then ruling that a divestiture was not needed. “FTC hits anti-competitive hospital merger but no divestiture sought,” pp. 1, 9.