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Federal Trade Commission sues largest drug middlemen for allegedly inflating insulin prices
The Federal Trade Commission took action Friday against the three largest pharmacy benefit managers, accusing the companies of “engaging in anticompetitive and unfair rebating practices that have artificially inflated the list price of insulin drugs,
Feds sue pharmacy gatekeepers over high insulin costs
The Federal Trade Commission sued on Friday the three largest pharmaceutical intermediaries charged with negotiating drug prices on behalf of insurers, claiming they are illegally maximizing profits by steering patients to high-cost insulin products.
US FTC sues drug 'gatekeepers' over high insulin prices
The U.S. Federal Trade Commission sued the country's three largest pharmacy benefit managers on Friday, accusing them of steering diabetes patients towards higher priced insulin in order to reap millions of dollars in rebates from pharmaceutical companies.
FTC sues drug middlemen for allegedly inflating insulin prices
The FTC suit targets the three biggest so-called pharmacy benefit managers, UnitedHealth Group's Optum Rx, CVS Health's Caremark and Cigna's Express Scripts.
FTC Sues Drug Middlemen Over Manipulating Insulin Market
The US Federal Trade Commission sued units of CVS Health Corp., Cigna Group and UnitedHealth Group Inc. on Friday, accusing the drug middlemen of engaging in illegal rebate programs that drove up the price of insulin.
FTC sues big 3 PBMs for ‘artificially inflated’ insulin prices caused by ‘perverse’ rebating system
The FTC said CVS Caremark, Cigna’s Express Scripts, and UnitedHealth’s OptumRx profit at the expense of patients forced to pay more for insulin.
New York Sun
20m
Federal Study Finds ‘Vast Surveillance’ of Social Media Users
The investigation also highlights the companies' failure to adequately protect users, particularly children and teenagers.
18h
California courts handle most U.S. trade secrets cases, data shows
California courts were home to the most federal trade secrets litigation over the past three years, according to a report ...
2d
on MSN
Michael Kors admits defeat by influencers and celebrities, claiming ‘brand fatigue’ in $8.5 billion federal antitrust trial
On Monday, fashion icon Michael Kors testified in an antitrust trial in Manhattan as a Federal Trade Commission lawsuit filed ...
2d
on MSN
Kroger and Albertsons prepare to make a final federal court argument for their merger
Closing arguments have begun in the Federal Trade Commission's attempt to block the proposed merger of supermarket chains ...
3d
Cigna Sues Federal Trade Commission Over ‘Defamatory’ Report
Cigna Group’s Express Scripts sued the US Federal Trade Commission over a recent report that the company said demonizes ...
3d
In federal trial, Michael Kors says it's harder to sell handbags in TikTok and Taylor Swift era
Sometimes you’ll be the hottest thing on the block,” he said. “Sometimes you’ll be lukewarm. Sometimes you’ll be cold.” ...
2d
Express Scripts sues Federal Trade Commission for defamation, demands retraction
Headquartered in North St. Louis County, Express Scripts, a subsidiary of The Cigna Group, is demanding the FTC retract a ...
2d
Cigna's Express Scripts Sues Federal Trade Commission
The FTC has taken unconstitutional actions in publishing a report that ignores the evidence provided by our company and other ...
17h
Federal government handing out Hey Dude refunds
More than a year ago, Buckeye Lake resident Pam Spring called Better Call 4 after she bought a pair of shoes from HeyDude.com ...
SC Media
3h
New CISA guidance seeks to standardize federal agencies’ cyber defenses
Under the FOCAL plan, federal agencies have been urged to prioritize asset management, vulnerability management, defensible ...
JD Supra
23h
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 ...
3h
FTC Chair Lina Khan Says Antitrust Regulations Help Small Businesses Too
Antitrust regulation isn't just about protecting consumers, Federal Trade Commission chair Lina Khan said Thursday afternoon ...
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