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FTC sues drug middlemen over manipulating insulin market
Federal Trade Commission accuses three drug middlemen of inflating insulin prices
In a lawsuit, the FTC accused Optum Rx, Caremark and Express Scripts of creating "a broken rebate system that inflated insulin drug prices, boosting PBM (prescription drug benefit managers) profits at the expense of vulnerable patients.
FTC lawsuit claims drug middlemen are manipulating insulin market
Three companies that process about 80% of prescriptions in the United States — Caremark, Express Scripts and OptumRx — have engaged in anticompetitive practices that spur price increases, the
FTC sues prescription drug middlemen, alleging they conspired over high insulin costs
The Federal Trade Commission on Friday filed lawsuits against three prescription drug benefit managers or PBMs over concerns the companies are artificially inflating the list price of insulin drugs.
IJR
7h
Biden-Harris FTC Accuses Major Healthcare Companies Of Artificially Inflating Drug Prices In New Lawsuit
The Federal Trade Commission (FTC) filed a lawsuit Friday against three major prescription drug benefit managers (PBMs) and ...
1d
Federal Trade Commission finds social and video streaming services pose serious privacy risks
A Federal Trade Commission (FTC) report found that social and video streaming services pose serious privacy risks, especially ...
1d
FTC Chair Lina Khan welcomes companies weighing antitrust in deals, addresses critics
U.S. Federal Trade Commission Chair Lina Khan on Friday welcomed that companies are weighing antitrust considerations early ...
The Washington Post on MSN
1d
FTC sues pharmacy insurance managers, alleging unfair drug prices
The
Federal
Trade
Commission
sued the three dominant pharmacy-benefit managers ... of a product that is essential for people with diabetes. According to the
FTC
, the three largest PBMs — CVS ...
JD Supra
2d
At NAD Conference Federal Trade Commission’s Holyoak and Levine Share Contrasting Perspectives on the Agency’s Role
At this week’s National Advertising Division Annual Conference, FTC Commissioner Melissa Holyoak and FTC Bureau of Consumer Protection Director ...
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