Articles Tagged with price fixing

Last week, Connecticut Attorney General William Tong, 42 other state attorneys general, and Puerto Rico filed a lawsuit in federal court in Connecticut against 20 manufacturers of generic drugs. The lawsuit alleges that the manufacturers are engaged in an illegal price-fixing scheme, driving up the costs of generic drugs for consumers, sometimes by several thousand percent. Over 500 pages, the complaint describes in detail the historical behavior of the companies that allegedly amounts to 33 counts of anti-competitive behavior in violation of federal antitrust law.


Posted in: Antitrust