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FTC, PBMs
FTC report shows $7.3 billion in drug price inflation by leading pharmacy benefit managers
From 2017 to 2022, the companies marked up prices at their pharmacies by hundreds or thousands of percent, netting them $7.3 billion in revenue.
FTC finds top 3 PBMs inflated drug prices by $7.3B
The three PBMs inflated the drug prices dispensed at their affiliated pharmacies by hundreds and thousands of percent passing costs onto patients, employers and healthcare plans, according to a Jan. 14 news release from the agency.
FTC finds PBMs excessively marked up prices on specialty drugs
A new report issued by the Federal Trade Commission has found that prescription benefit manager units owned by CVS Health (NYSE:CVS), Cigna (CI) and UnitedHealth Group (UNH) significantly marked up prices for many specialty generic drugs over a six-year period.
GoDaddy, FTC
FTC orders GoDaddy to upgrade online security for small-business customers after breach
The FTC ordered GoDaddy to improve its online security measures on behalf of small-business customers. The Tempe-based company said it already does so.
GoDaddy to Improve Data-Security Practices Under FTC Settlement
GoDaddy will implement new information-security programs to settle charges that the technology platform failed to secure its website-hosting services and protect its customers from attacks, the Federal Trade Commission said.
FTC orders GoDaddy to fix its infosec practices
Despite its size and complexity, FTC complained that the company had failed multiple security standards that needed to be fixed immediately.
FTC Suing John Deere Is a Tipping Point for Right-to-Repair
FTC sues John Deere for ‘unfairly’ raising repair costs on farm equipment
Illegal repair restrictions can be devastating for farmers, who rely on affordable and timely repairs to harvest their crops and earn their income,” FTC Chair Lina Khan said
Lina Khan’s FTC Is Suing John Deere to Break Its Repair Monopoly
The lawsuit comes after years of the equipment manufacturer locking farmers out of making basic repairs to their equipment.
FTC Sues Deere, Seeking to Ease Limits on Tractor Repairs
The Federal Trade Commission sued Deere, alleging the tractor maker limits farmers’ ability to repair their own equipment, giving Deere an illegal monopoly on repair services. The FTC’s lawsuit, filed Wednesday in Chicago federal court,
1d
on MSN
Will ‘click to cancel’ get canceled? New FTC rule faces legal, political challenges
It takes effect Tuesday but its fate is already in doubt. The new FTC rule faces legal challenges and possible opposition ...
23h
on MSN
Republican bill seeks to curtail US FTC's merger-busting powers
The U.S. Federal Trade Commission's merger-busting, antitrust enforcement powers are coming under threat as conservatives ...
GameSpot
23h
FTC Says Refunds For Razer's False N95 Face Masks Are Going Out Now
In May 2024, the FTC announced that a settlement was reached with Razer for more than $1 million. The fine occurred because ...
JD Supra
22h
FTC Announces 2025 Thresholds for HSR Act Filings and Interlocking Directorates Violations
The Federal Trade Commission (FTC) announced Friday increased jurisdictional thresholds for (1) notifications under the ...
1d
Apartment giant Greystar facing FTC lawsuit over misleading rental fees
The suit accuses the company of falsely advertising rental prices by failing to inform renters of numerous mandatory fees.
2d
on MSN
FTC Prepares to Sue Largest U.S. Apartment Landlord Over Hidden Fees
The FTC is weighing a lawsuit alleging Greystar failed to disclose fees related to trash services and background checks, ...
2d
Biden FTC's Deal Program Overhaul Hit With US Chamber Lawsuit
Business groups led by the US Chamber of Commerce sued the Federal Trade Commission to block a rule that will require ...
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