Antitrust & Competition Policy Blog

Editor: D. Daniel Sokol
University of Florida
Levin College of Law

Monday, April 25, 2005

CVS Settles Antitrust Case

CVS settles an antitrust suit brought by the DC government challenging its purchase and closing of a local pharmacy as a monopolistic practice.  The settlement of $ 475,000 "will be divided between the District's antitrust enforcement fund, which will receive $125,000, and a charity to be designated by the attorney general, which will receive $350,000 to help low-income D.C. residents purchase prescription drugs."

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