California Insurance Commissioner Dave Jones yesterday issued his finding that the proposed merger of CVS Health (CVS) and Aetna (AET) “would have significant anti-competitive impacts on American consumers and health care and health insurance markets.” Jones formally recommended that the United States Department of Justice sue to block the proposed merger. Jones said he found that the proposed merger “poses competitive concerns in the Medicare Part D market, where both companies currently compete, as well as in the highly-concentrated market for Pharmacy Benefit Manager services, and in the retail pharmacy market
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.