A PYMNTS Company

US: Maryland Attorney General alleges Acuvue price fixing

By  |  March 6, 2016

Maryland’s attorney general has filed suit against the maker of Acuvue contact lenses, alleging it violated state antitrust law by conspiring with discount clubs to raise prices by as much as 50 percent.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The Office of the Attorney General Antitrust Division filed a civil complaint against Florida-based Johnson & Johnson Vision Care Inc., a subsidiary of health and beauty giant Johnson & Johnson, it announced Friday. The suit seeks court restrictions against sale pricing agreements as well as a penalty of $100,000, the maximum allowed.

    It charges that Johnson & Johnson Vision Care set minimum prices for contact lens sellers after optometrists complained that prices for the lenses they sold in their offices were being undercut by stores like Costco. Johnson & Johnson Vision Care set up the policy in 2014, the suit said.

    Full content: Southern Maryland Online

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.