CVS Unfair Competition Claims Go To Arbitration, Judge Says

Law360, Los Angeles (July 22, 2013, 6:04 PM EDT) -- A California federal judge Monday ordered Uptown Drug Co. Inc. and CVS Caremark Corp. to arbitrate putative class action claims accusing CVS of misappropriating trade secrets by forcing Uptown to provide customers' information, ruling that Uptown could have opted out of the parties' agreement.

Uptown argued that the provider agreement arbitration clause was unconscionable because the retail pharmacy giant's subsidiary Caremark Rx had superior bargaining power that forced it to do business with Caremark.

But the judge ruled that the clause had been part of the...
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