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Re: ilovetech post# 371815

Sunday, 02/27/2022 12:45:47 PM

Sunday, February 27, 2022 12:45:47 PM

Post# of 447455
if I were Hikkma or Reddy's, I'd call a closed meeting with the other Generics and come to some arrangement to discontinue this race to the bottom

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Company representatives regularly met during lunches, cocktail parties, “girls nights out,” industry dinners and golf outings and discussed competitively sensitive information, the document states: “Reciprocal sharing of inside information greatly facilitates agreements among competitors … to avoid price competition.”

“We have emails, text messages, telephone records, and former company insiders that we believe will prove a multi-year conspiracy to fix prices and divide market share for huge numbers of generic drugs,”


https://www.cnn.com/2019/05/13/health/generic-drug-price-lawsuit-bn/index.html
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