FTC Accuses Electronic Prescription Co. Of Monopolization
Law360 (April 24, 2019, 6:26 PM EDT) -- The Federal Trade Commission said Wednesday that it has sued Surescripts in D.C. federal court over allegations that the company uses contract terms and other tactics to illegally maintain its monopoly over electronic prescription services.
The FTC filed a sealed complaint April 17 accusing Surescripts LLC of using exclusive agreements, loyalty payments and threats to preserve its 95% share in two markets related to the provision of electronic prescription services, which allow health care providers to electronically transmit prescriptions to pharmacies.
Bruce Hoffman, director of the FTC’s bureau of competition, said in a statement Wednesday that the company’s efforts successfully thwarted...
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