Dems Urge FTC To Dig Into Express Scripts-Medco Deal

Law360, New York (September 9, 2011, 5:18 PM EDT) -- Three U.S. House of Representatives Democrats pressed the Federal Trade Commission on Friday to take a close look at Express Scripts Inc.'s proposed $29 billion acquisition of rival Medco Health Solutions Inc., citing concerns about the combination's effects on prescription drug costs.

Reps. Henry A. Waxman, D-Calif.; Frank Pallone Jr., D-N.J.; and Diana DeGette, D-Colo., wrote to FTC Chairman Jon Leibowitz, calling for an in-depth analysis of the deal and its potential implications for consumers with private insurance and government health care plans alike.

"The proposed...
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