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- FTC begins reassessing vertical integration
- ALEXANDRIA, Va.--The Federal Trade Commission FTC is reviewing its unconditional approval of the acquisitions of Medco Containment Services and Diversified Pharmaceutical Services Inc. by Merck & Co. and SmithKline Beecham PLC, respectively.The move follows the FTC's approval of the purchase of PCS Health Systems by Eli Lilly & Co. with...
- Research articles 1994-12-05
- FTC OKs Lilly's PCS buy, but not without restrictions
- WASHINGTON -- Over the objections of chain drug industry leaders, federal antitrusters gave tentative approval to Lilly's controversial $4 billion acquisition of McKesson's PCS Health Systems Inc. But in return, the Federal Trade Commission FTC extracted a series of concessions from Lilly designed to prevent the manufacturer from using...
- Research articles 1994-11-21
- NACDS asks FTC to block Lilly-PCS deal
- ALEXANDRIA, Va. -- National Association of Chain Drug Stores president and chief executive officer Ron Ziegler has formally asked federal regulators to block the proposed acquisition of PCS Health Systems by Eli Lilly & Co. on the grounds that it will inhibit competition and raise prescription drug prices.In a letter...
- Research articles 1994-10-10
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