AMERICAN DRUG CARTELS
Posted: April 24th, 2021, 11:18 pm
https://ncdoj.gov/attorney-general-josh ... ug-prices/
Multistate Lawsuit Alleges Conspiracy by Generic Manufacturers to Fix Prices for 80 Drugs
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So I found my only prescription is one of these 80 drugs.
After using this prescription on and off for a few years, all of a sudden the price went up from about 20 dollars to about 80 dollars. When I would go to Walgreens to pick up my prescription the Pharmacist's started warning me about the high price.
https://www.policymed.com/2019/02/300-d ... artel.html
300 Drugs Now Under Investigation in “Generic Drug Cartel”
https://www.post-gazette.com/opinion/ed ... 1902080054
Big Pharma’s drug cartel: Pharmaceutical companies allegedly fixed drug prices
The players in the alleged price-fixing scheme used code names
“sandbox” (as in children playing nice in a sandbox, referencing the market for generic prescription drugs)
“fair share” (the divvying up sales so everybody got a piece of the ill-gotten pie)
“Trashing the market” was was code for a player who wasn’t following the rules of the rotten game — like selling drugs for less than the prices that had been set during the collusion.
Multistate Lawsuit Alleges Conspiracy by Generic Manufacturers to Fix Prices for 80 Drugs
.
So I found my only prescription is one of these 80 drugs.
After using this prescription on and off for a few years, all of a sudden the price went up from about 20 dollars to about 80 dollars. When I would go to Walgreens to pick up my prescription the Pharmacist's started warning me about the high price.
https://www.policymed.com/2019/02/300-d ... artel.html
300 Drugs Now Under Investigation in “Generic Drug Cartel”
https://www.post-gazette.com/opinion/ed ... 1902080054
Big Pharma’s drug cartel: Pharmaceutical companies allegedly fixed drug prices
The biggest illegal drug cartel in the U.S. may have been operating from the executive offices of some of America’s mightiest pharmaceutical companies.
'The allegations are that generic-drug manufacturers worked together to fix prices at levels hundreds, even thousands, of times higher than what they would have been, evidenced by dramatic price increases levied at the same time by multiple supposed competitors. Market share isn’t as important if your profit margin is astronomical.
The players in the alleged price-fixing scheme used code names
“sandbox” (as in children playing nice in a sandbox, referencing the market for generic prescription drugs)
“fair share” (the divvying up sales so everybody got a piece of the ill-gotten pie)
“Trashing the market” was was code for a player who wasn’t following the rules of the rotten game — like selling drugs for less than the prices that had been set during the collusion.