FTC Asks Pharm Groups How To Fix $29B Express Scripts Deal

Law360, New York (March 12, 2012, 3:17 PM EDT) -- The Federal Trade Commission has asked two pharmacy associations opposed to the pending $29 billion merger between pharmacy benefits managers Express Scripts Inc. and Medco Health Solutions Inc. for possible remedies to offset the potential anti-competitive impact of the deal, the groups said Friday.

“At the request of the [FTC], we have responded to their questions about additional ways to address these concerns,” the National Association of Chain Drug Stores and the National Community Pharmacists Association said in a joint statement.

While the trade groups acknowledged...
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