FTC Inks 2nd Highest Disgorgement Deal With Cardinal Health

By Melissa Lipman (April 20, 2015, 12:09 PM EDT) -- Cardinal Health Inc. on Monday agreed to pay $26.8 million to resolve the Federal Trade Commission's claim that it illegally monopolized the sale of low-energy radiopharmaceuticals to health care providers in 25 areas, in the watchdog's second-highest antitrust disgorgement deal ever.

The FTC accused Cardinal Health of inflating prices of the drugs sold  to hospitals and clinics across the country, and required the company to disgorge the profits it received from the alleged monopolization. It marks the agency's first disgorgement win in a competition case in nearly a decade.

The settlement also blocks Cardinal from signing simultaneous exclusive deals with rival...

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