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Federal Trade Commission sues drug 'gatekeepers'
High insulin prices spur a federal lawsuit against three pharmacy benefit managers
The federal government is suing some pharmacy benefit managers over a system of drug rebates that regulators say has made the price of insulin soar for patients.
US Federal Trade Commission Sues CVS Health, Cigna, UnitedHealth's Pharmacy Benefit Managers For Inflating Insulin Prices
On Friday, the Federal Trade Commission (FTC) filed a formal complaint against three major pharmacy benefit managers (PBMs)—CVS Health Inc’s (NYSE:CVS) Caremark, Cigna Corp’s (NYSE:CI) Express Scripts,
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,
Social media companies using ‘vast surveillance’ on users
Federal Study Finds ‘Vast Surveillance’ of Social Media Users
The investigation also highlights the companies' failure to adequately protect users, particularly children and teenagers.
Social media platforms engaged in 'vast surveillance' and failed to protect young people, FTC finds
The Federal Trade Commission released a report Thursday slamming social media platforms including Facebook's parent company, Meta, as well as TikTok, Google-owned YouTube, Snap and other online services over privacy and youth safety concerns.
Big tech companies engage in "vast surveillance" of users, FTC says
FTC Chair Lina Khan says tech giants such as Meta and Google "endanger people's privacy" and "expose them to a host of harms."
22h
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 ...
22h
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 ...
JD Supra
4h
Federal Agencies Increase Focus on Pricing Enforcement
Last month, the Federal Trade Commission (FTC) and U.S. Department of Justice (DOJ) jointly hosted a public meeting of the interagency “Strike ...
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
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 ...
SC Media
8h
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 ...
8h
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 ...
11h
Is Your Bag Luxurious Enough for a Government Lawsuit?
The Coach and Michael Kors case shows the limits of antitrust challenges.
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