American Sales Co.
Two years ago, the Supreme Court issued its decision in FTC v. Actavis, Inc., holding that patent litigation settlement agreements in which the patentee pays the defendant to settle the patent infringement case the patentee brought—often referred to as a “reverse settlements”—can create potential antitrust liability.
Two retailers are joining a drug war against two major pharmaceutical companies.
Pharmaceutical giant Pfizer Inc. was accused by Walgreen Co. and several other prescription drug retailers of violating U.S. antitrust law. The retailers claim Pfizer’s Wyeth unit and Teva Pharmaceutical Industries Ltd illegally kept a generic version of popular antidepressant Effexor XR off the market.