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Public officials to blame for outsized power of prescription drug middlemen, US FTC’s Khan says

By Michael Acton ( June 22, 2022, 19:19 GMT | Insight) -- Consumers suffering from higher prescription drug costs due to powerful middlemen who sit between drug manufacturers and pharmacies can blame years of bad decisions by public officials, US Federal Trade Commission Chair Lina Khan said today. “All of these features of our current system are the result of policy choices and legal decisions that were made by people, including officials at the FTC and the [Justice Department] antitrust division, but also public officials who are elected and directly accountable to you,” Khan said.Consumers suffering from higher prescription drug costs due to powerful middlemen who sit between drug manufacturers and pharmacies can blame years of bad decisions by public officials, US Federal Trade Commission Chair Lina Khan said today....

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