Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

TexasTowelie

(111,304 posts)
Tue Jun 16, 2020, 04:39 AM Jun 2020

USVI AG Denise George Levels 'Price-Fixing' Charges Against Generic Drug Companies in Federal Court

CHARLOTTE AMALIE — Attorney General Denise George announced that the U.S. Virgin Islands has joined a coalition of 51 states and territories led by Connecticut in filing the third lawsuit stemming from the ongoing antitrust investigation into a widespread conspiracy by generic drug manufacturers to artificially inflate and manipulate prices, reduce competition, and unreasonably restrain trade for generic drugs sold across the United States.

This new complaint, filed in the U.S. District Court for the District of Connecticut, focuses on 80 topical generic drugs that account for billions of dollars of sales in the United States.

The complaint names 26 corporate defendants and 10 individual defendants. The lawsuit seeks damages, civil penalties, and actions by the court to restore competition to the generic drug market.

The topical drugs at the center of the Complaint include creams, gels, lotions, ointments, shampoos, and solutions used to treat a variety of skin conditions, pain, and allergies.

Read more: https://vifreepress.com/2020/06/ag-denise-george-levels-price-fixing-charges-against-generic-drug-companies-in-federal-court/

Latest Discussions»Region Forums»U.S. Territories»USVI AG Denise George Lev...