The owner of one of the three largest pharmacy middlemen in the United States last week filed suit to quash an attempt by the Federal Trade Commission to investigate industry practices. However, the suit relies on research that the health conglomerate helped pay for and was conducted by an economist who’s become wealthy arguing in […]
Author Archives: Ohio Capital Journal
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Federal regulator: Pharmacy middlemen appear to be raising prices, hurting patients
The federal trade watchdog has released an interim report Tuesday saying that sprawling health care conglomerates are driving out competition in the pharmacy sector and appear to be increasing prices in the process. Last year, three independently owned pharmacies in Northern Kentucky unexpectedly shuttered: Fort Thomas Drug Center, Ludlow Drugs and Alexandria Drugs – all […]