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Nearly 17 months after the Federal Trade Commission filed suit against the nation’s three largest pharmacy benefit managers (PBMs), the agency has reached a settlement with one of them: Express Scripts. The complaint alleged that PBMs harmed competition and patients by inflating insulin prices. PBMs negotiate drug prices with pharmaceutical manufacturers and pharmacies on behalf … The FTC, Express Scripts, and the High Cost of Lower Copays
Last month, the U.S. House Judiciary Committee released an interim staff report examining CVS Health’s relationships with digital pharmacy services. Led by Chairman Jim Jordan (R-Ohio), the report takes aim at a core policy concern: rising health-care costs. It frames competition and innovation as central tools for addressing those costs, a welcome emphasis in a … Fraud, PBMs, and the Cost of Looking the Other Way
Brazil’s competition authority (CADE) and Apple signed a Dec. 29 settlement agreement (Termo de Compromisso de Cessação, or TCC) resolving a high-stakes antitrust investigation Mercado Livre initiated in 2022 in Brazil and Mexico. Mercado Livre is Latin America’s leading e-commerce and marketplace platform. The agreement marks a watershed moment for Brazil’s digital economy. CADE will … Apple in Brazil: Ex Post Antitrust Meets Ex Ante Ambitions