Furthermore, the FTC’s complaint, unsealed late Tuesday, expresses concern about deals struck between drug companies that give discounts to pharmacy benefit managers and insurers in return for making their medicines easier to get for their customers.
Tag Archive for: Federal Trade Commission
Investors are scrambling to assess the fallout of a U.S. regulatory challenge against Amgen’s proposed $27.8 billion acquisition of Horizon Therapeutics, with some fearing a spillover to other big deals in the drug sector.
In a filing in Manhattan federal court, the Federal Trade Commission said Shkreli has not complied with its requests for information relating to Druglike Inc., a company it said he formed last July, and noted his apparent failure to pay any of a $64.6 million penalty that accompanied the ban.
By “cordless,” I mean the growing number of consumers who have abandoned broadcast or cable TV and rely solely on streaming services for their video content.
In the decision, a judge ruled for Illumina and rejected the FTC’s position that the deal would adversely affect competition in a putative market for multi-cancer early detection (MCED) tests.
Federal regulation of data privacy and security has been on the back burner for the past two years, but key members of Congress have been working behind the scenes to frame bipartisan legislation and the FTC is gearing up. The Supreme Court’s decision overturning Roe v. Wade may put this issue front and center in Congress after the midterms.
The Federal Trade Commission said on Tuesday it has launched an inquiry into the ongoing shortage for infant formula.