Nestle, Mars Face Antitrust Suit Over Prescription Pet Food
Law360, Los Angeles (December 8, 2016, 5:25 PM EST) -- Mars, Nestle, PetSmart and others are accused of violating the Sherman Act for allegedly fixing the prices of prescription pet food that doesn't contain actual medicine, partially through the use of brand-owned clinics, according to a putative class action filed in California federal court on Wednesday.
The complaint says that PetSmart, three pet food manufacturers and two veterinary clinic chains colluded to fix prices on four brands of prescription pet food that have trumped up health benefits, as they do not contain a drug but require prescription authorization. The consumer complaint also says Mars Petcare USA Inc.'s majority ownership of Banfield...
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