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Ortho Firms Under Fire from Justice Department

Four orthopedics companies announced that they have received subpoenas from the Justice Department as part of a probe into possible antitrust violations, the Associated Press reports. The firms are Biomet, Johnson & Johnson's DePuy, Stryker Corp., and Zimmer Holdings. All saw their share prices drop yesterday. This could get ugly.

June 27, 2006

1 Min Read
Ortho Firms Under Fire from Justice Department

Four orthopedics companies announced that they have received subpoenas from the Justice Department as part of a probe into possible antitrust violations, the Associated Press reports. The firms are Biomet, Johnson & Johnson's DePuy, Stryker Corp., and Zimmer Holdings. All saw their share prices drop yesterday. This could get ugly.

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