Walgreens, Vision Direct Ink $12M Contact Lens Antitrust Deal

By Hailey Konnath (September 27, 2019, 9:26 PM EDT) -- Walgreens and Vision Direct have agreed to jointly pay $12 million to settle a class action brought by online contact lens buyers who claim the retailers suppressed competition in the online market for contact lenses, according to a motion for preliminary approval of the deal filed Friday in Utah federal court.

With the proposed Walgreens Boots Alliance Inc. and Vision Direct Inc. agreement on the table, 1-800 Contacts — accused of being the "instigator and primary enforcer" of anti-competitive pacts with other contact lens retailers — is the only remaining defendant in the suit. As part of the deal, Walgreens and...

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