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Federal Trade Commission sues drug 'gatekeepers'
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,
Federal Trade Commission sues drug 'gatekeepers' over high insulin prices
The three price benefit managers jointly administer 80% of all prescriptions in the U.S., the FTC said in the lawsuit.
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,
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."
2h
on MSN
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 ...
3h
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 ...
JD Supra
7h
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
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 ...
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 ...
1d
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 ...
1d
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 ...
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 ...
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