House Republicans have launched an investigation into CVS Caremark for potential antitrust violations.

House Republicans launch investigation into CVS Caremark for potential antitrust violations

Friday

House Republicans have launched an investigation into CVS Caremark for potential antitrust violations, according to a letter from the House Judiciary Committee. A bipartisan coalition aims to force healthcare companies to divest from their pharmacy businesses, according to the lawmakers.

Sen. Elizabeth Warren (D-MA.) stated that pharmacy benefit manager (PBM) have manipulated the market by hiking drug costs and cheating employers.

The FTC criticized PBMs for profiting by inflating drug costs and harming small pharmacies, highlighting their powerful role.

Bias Distribution

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Left

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Lean
Right

CVS, Cigna could be hit hard by PBM reform: Deutsche Bank

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Lawmakers seek to break up drug middlemen in push to reduce medication costs

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Right

REPORT: House Republicans Open Antitrust Investigation Against CVS Caremark

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REPORT: House Republicans Open Antitrust Investigation Against CVS Caremark – American Action News

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Far
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Untracked Bias

CVS Might Just Be the Last Drugstore Stock. Should It Be Broken Up?

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