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After the Federal Trade Commission’s flashy announcements last week that it was suing to block not one, but two hospital mergers, it’s tempting to think the agency — with its new Democratic majority — is living up to pledges from its leaders and President Biden to get tougher on health care consolidation.

Antitrust experts see it differently.

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“When this new progressive FTC announced two hospital cases in one day, it felt like they were finally moving from rhetoric to action,” said Ken Field, a former FTC lawyer and current co-chair of Jones Day’s global health care practice. “But the complaints themselves are more smoke than fire.”

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