Looming Oligopoly?September 17, 2018 |
by The Gazette
If President Donald Trump and Attorney General Jeff Sessions care about affordable health care, they will stop the Department of Justice from approving proposed mergers in the pharmaceutical industry.
The Wall Street Journal reports the Justice Department plans to approve mergers of CVS Health with Aetna, and Express Scripts with Cigna. It means two of the largest health insurers combining with two of the largest drug retailers and pharmacy benefits managers.