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Illumina, Inc., and GRAIL, Inc.
The Federal Trade Commission filed an administrative complaint and authorized a federal court lawsuit to block Illumina’s $7.1 billion proposed acquisition of Grail—a maker of a non-invasive, early detection liquid biopsy test that can screen for multiple types of cancer in asymptomatic patients at very early stages using DNA sequencing. Illumina is the only provider of DNA sequencing that is a viable option for these multi-cancer early detection, or MCED, tests in the United States.
The complaint alleges the proposed acquisition will diminish innovation in the U.S. market for MCED tests, which could be used to detect up to 50 types of cancer. Most of these types of cancer are not screened for at all today, and the MCED test could save millions of lives around the world. The trial is scheduled to begin on Aug. 24, 2021. On May 20, 2021, the FTC authorized staff to dismiss its federal court complaint for Preliminary Injunction and Temporary Restraining Order.
FTC Submits Annual Budget Request, Performance Plan and Performance Report to Congress
Statement of Acting Chairwoman Rebecca Kelly Slaughter Regarding the Federal Trade Commission’s Report to Congress on Rebate Walls
Statement of Commissioner Rohit Chopra Regarding the Commission's Report on Pharmacy Benefit Manager Rebate Walls
Federal Trade Commission Sends Report to Congress on Rebate Walls
2105009 Informal Interpretation
Public Access to Altria Group/JUUL Labs Trial Provided via Teleconference Due to ongoing COVID-19 Concerns
2105008 Informal Interpretation
FTC Challenges Merger of Two Pennsylvania Cement Producers, Alleging It would Harm Regional Competition
Statement of FTC Acting Bureau of Competition Director Maribeth Petrizzi on Bureau’s Motion to Dismiss Request for Preliminary Relief in Illumina/GRAIL Case
Response from FTC Acting Chairwoman Slaughter to Letter from the U.S. Chamber of Commerce Regarding Section 13(b) of the Federal Trade Commission Act
2105006 Informal Interpretation
2105002 Informal Interpretation
Statement of Acting Chairwoman Rebecca Kelly Slaughter and Commissioner Rohit Chopra on the Closing of the 7-Eleven and Marathon Transaction
Statement of Commissioners Noah Joshua Phillips and Christine S. Wilson on the Closing of the 7-Eleven and Marathon Transaction
Statement from FTC Acting Chairwoman Slaughter and Commissioner Chopra on 7-Eleven/Speedway Merger
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