FTC Eyes $1B Pay-For-Delay Win, Official Quips

Law360, Washington (March 28, 2014, 5:54 PM EDT) -- The Federal Trade Commission has a full agenda for 2014 including a patent troll study and hospital merger challenges, but what's at the top of the watchdog’s wish list? “A billion-dollar settlement” in one of its pay-for-delay cases, the head of the Bureau of Competition quipped Friday.

The FTC’s long-running battle to block reverse payment Hatch-Waxman Act settlements remains a top priority for the agency, bureau director Debbie Feinstein said at the American Bar Association Antitrust Section’s spring meeting. And after more than a decade of fighting with drugmakers over whether the patent settlements can even be reviewed under the antitrust...

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