Pharmacies Bring Pfizer-Wyeth Merger Suit To High Court

Law360, Washington (October 28, 2011, 5:06 PM EDT) -- A group of pharmacies asked the U.S. Supreme Court earlier this month to revive their suit alleging the $68 billion merger of Pfizer Inc. and Wyeth in 2009 raised prices and hurt competition in the pharmaceutical market.

“The lower courts fundamentally misconstrued the law for defining markets, analyzing the wrong product, describing the wrong 'purpose' and ultimately reaching the wrong conclusion,” the pharmacies said in an Oct. 10 petition for writ of certiorari made public Friday.

Seven plaintiffs, including Golden Gate Pharmacy Services Inc., Marin Apothecaries...
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