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Federal Trade Commission sues drug 'gatekeepers'

NBC News · 13h

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.

CNN on MSN · 1d

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,

USA Today · 1d

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.

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 ...

CNBC on MSN5d

In federal trial, Michael Kors says it's harder to sell handbags in TikTok and Taylor Swift era

The Federal Trade Commission is seeking to block Tapestry's $8.5 billion ... the outcome of the closely watched U.S.

11d

Federal agency critics make last pitch for US Supreme Court to hear ‘seismic’ case

Is a case that originated with a dispute over a 15-cent-per-page photocopying fee the proper vehicle for the U.S. Supreme ...

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 ...

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 ...

Agency Leaders Accept They Must Use Existing Law to Regulate Artificial Intelligence

Chopra acknowledged federal agencies have no choice but to use existing laws ... make informed decisions.” Federal ...

FTC: Amount of data collected by large corporations is 'staggering'

In a report from the Federal Trade Commission, the agency accuses large video streaming companies and social media websites ...

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