The Prescription Access Litigation (PAL) coalition filed suit against 11 drug companies in 2002 for artificially inflating the average wholesale price, or AWP, of certain drugs, including ones used to treat serious illnesses such as cancer and HIV. This week, PAL announced that the companies have agreed to pay $125 million to settle—82.5% of the amount will be used to compensate third-party payor’s claims, and the remaining 17.5% will be used for consumer claims. Here’s a list of the drugs involved, and after the jump is a quick guide to see whether you’ll qualify for a claim, pending the judge’s approval of the settlement.
price fixing
By 1.6.08
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The Justice Department is investigating price fixing in the chocolate industry. Mars, Nestle, and Cadbury were contacted after a preliminary analysis showed that the 100 Grand bar actually cost far less than advertised. [Slashfood]
Quantas Guilty Of Price Fixing
By 11.28.07
Quantas became the third foreign airline to admit to price-fixing and agree to pay a fine to the U.S. government, joining British Airways PLC and Korean Air Lines Co. Ltd, says the Associated Press.
Manufacturer Claims eBaying Its Car Parts Violates "Intellectual Property Rights"
By 7.18.07
Manufacturers are getting eBay auctions canceled for selling their products “too cheaply,” reports the Consumer Law & Policy blog…
DOJ Smacks Subpoenas Down On Music Industry
By 3.3.06
Surprise, surprise. The Department of Justice has started issuing subpoenas against the music industry, including Sony BMG and Warner, for price fixing and collusion. Since it’s a sloppy Reuters brief we’re linking to here, mainly consisting of a list of the companies involved, here’s a blockquote with the summary gyst:
