CFO Magazine Blog Pans Proposed Express Scripts and Medco Merger
2/27/2012 4:07 PM
David McCann, web news editor for CFO magazine, posted a blog
entry on February 24 that bears a headline that summarizes broad-based concerns about the proposed Express Scripts and Medco merger: "Big PBM Deal: a Matter of Antitrust. Not to Mention Just Plain Trust."
"Amid all the opposition and fear, will the FTC [Federal Trade Commission] have the guts to approve it?" McCann wrote. "It's not up for a public vote, but I say no. If allowing one consolidated player to dominate a huge, already very highly concentrated industry is OK, then what are antitrust laws for?"