Tag: Health Care

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An administrative law judge has upheld Federal Trade Commission charges that ads claiming that Doan's pills are more effective in relieving back pain than other over-the-counter pain relievers are unsubstantiated and false. Judge Lewis F. Parker's order would bar Novartis Corporation and Novartis...
CVS Corporation has agreed to pay a $600,000 civil penalty to settle Federal Trade Commission charges that the company violated a 1997 consent order and asset maintenance agreement it signed with the agency to settle charges stemming from CVS's 1997 acquisition of Revco D.S., Inc.
On June 4, 1999 an administrative law judge dismissed charges against VISX, a key developer of laser eye surgery equipment and technology, known as photorefractive keratectomy (PRK). According to the 1998 administrative complaint., VISX and Summit Technology, the only two firms...
The Commission authorized staff to file separate motions in federal district court to block the mergers of the nation's four largest drug wholesalers into two wholesale distributors of pharmaceutical products. The Commission charged that Cardinal 's proposed acquisition of Bergen...
This report discusses the Federal Trade Commission’s activities of particular significance for older consumers in calendar years 1995 and 1996. The first section of the report describes Commission initiatives to eliminate telemarketing frauds that target older consumers, who...
Rite Aid Corporation has agreed to pay $900,000 in civil penalties for failing to divest three drug stores in Maine and New Hampshire as required by a 1994 order issued by the Federal Trade Commission. Rite Aid agreed to issuance of that order to resolve antitrust concerns arising out of Rite Aid'...
Roche agreed to divest, certain assets in the U.S. and Canada to settle antitrust concerns stemming from its proposed acquisition of Corange Limited. The consent order permits the acquisition but requires the divestiture of Cardiac thrombolytic agents (drugs used to treat heart...
A western Colorado physicians' organization -- which comprises at least 85 percent of the doctors in private practice in Mesa County -- has agreed to settle Federal Trade Commission charges that it fixed prices and prevented or deterred entry into the county by third-party payers.
Consent order settles allegations that Urological Stone Surgeons, Parkside Kidney Stone Centers, Urological Services. Ltd and two physicians engaged in a price-fixing conspiracy to raise the price for professional urologist services for lithotripsy procedures in the Chicago...
Approximately two-thirds of the Chicago metropolitan-area patients who undergo lithotripsy -- a non-surgical, shock-wave treatment for stones -- are treated at one or the other of two Parkside Kidney Stone Centers. Today the Federal Trade Commission announced that three firms and two doctors...
The Commission authorized staff to file a complaint and settlement in federal district court to settle allegations that the College and three physician groups engaged in an illegal boycott in an effort to coerce the government to make price-related changes under Puerto Rico's...
The College of Physician-Surgeons of Puerto Rico ("College") and three physician groups have agreed to settle charges that they engaged in illegal conduct when they collectively demanded price-related changes under Puerto Rico's government managed care plan for the indigent. The Federal Trade...
The Federal Trade Commission today ended its administrative challenge to a hospital merger in Grand Rapids, Michigan, after concluding that further litigation in the case is not in the public interest. The Commission action is in keeping with a policy statement issued in June 1995 in which the FTC...
Commission action regarding applications for approval: Following a public comment period, the Commission has ruled on an application for approval of a transaction from the following:
Applications for Approval of Transactions: The FTC has shortened the comment period to 15 days on the application to approve a transaction from the following entity. The Commission is seeking comments on the application until Sept. 12.
Applications for Approval of Transactions: The FTC has received an application to approve a transaction from the following entity. The Commission is seeking comments on the application for 30 days, until Sept. 29.
Staff of the Federal Trade Commission have advised the New Jersey Pharmacists Association (NJPA) that they would not recommend a challenge on antitrust grounds to a plan to establish a pharmacist network offering health education and monitoring services to diabetes and asthma patients. Under the...
Mediq abandoned its proposed acquisition of Universal Hospital Services after the Commission filed a complaint and motion for a preliminary injunction to block the merger of the nation's two largest firms engaged in the rental to hospitals of movable medical equipment, such as...
The Federal Trade Commission today announced the following actions. Applications for approval of transactions: The FTC has received an application for approval of a transaction from the following. The FTC is seeking public comments on the application for 30 days, until Aug. 28.
The Federal Trade Commission today announced the following action. Commission action regarding petitions to reopen and modify FTC orders: Following a comment period, the FTC has ruled on a petition from the following:

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