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US: Cardinal health to pay $26.8 million to settle monopoly charges

By  |  April 20, 2015

Cardinal Health has agreed to pay $26.8 million to settle charges it illegally monopolized markets in 25 cities for the sale of low-energy radiopharmaceuticals to hospitals and clinics, the Federal Trade Commission said on Monday.

The FTC accused Cardinal, which became the biggest U.S. operator of radiopharmacies through acquisitions in 2003 and 2004, of pressuring companies that make radiopharmaceuticals used in heart stress tests to refuse to sell to Cardinal’s rivals in the 25 U.S. cities.

 

Full Content: The New York Times

 

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