- The Department of Justice argued that a 2021 internal audit of UnitedHealth Group's ( NYSE: UNH ) data practices demonstrates that the health insurer's proposed acquisition of Change Healthcare ( NASDAQ: CHNG ) should be stopped, Bloomberg reported.
- Evidence presented in an antitrust trial on Wednesday said that the audit found "no effective means of enforcement if or when data misuse is discovered or reported."
- CEO Andrew Witty, under questioning, said he received a report about the audit but that he wasn't aware of any changes made as a result of it. But he added that he wouldn't use Change's ( CHNG ) data and analytics -- including that of rivals -- to provide advantages to UnitedHealth's ( UNH ) insurance division.
- "I would absolutely not expect that to happen," he said. "If it ever did, it would be hugely destructive."
- The trial is set to end on August 16 .
For further details see:
Data misuse risk against UnitedHealth used by DoJ to scuttle Change Healthcare deal - Bloomberg