25-08-2020 22:22 via uk.finance.yahoo.com

U.S. charges Teva in generic drugs price-fixing probe

The decision follows Teva's refusal to agree to a settlement that would have required paying a criminal penalty and admitting wrongdoing, according to a person familiar with the matter.The Justice Department has been investigating allegations the company colluded with other drugmakers to push up the prices of widely used pharmaceuticals, including a high cholesterol drug."Today's charge reaffirms that no company is too big to be prosecuted for its role in conspiracies that led to substantially h
Read more »