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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