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Walgreens settles New York charges it grossly inflated prices of infant formula

NEW YORK (Reuters) -Walgreens has settled charges by New York Attorney General Letitia James that it grossly inflated prices on at least 20 infant formula products after a recall by Abbott Labs led to a nationwide shortage in early 2022. The largest U.S. pharmacy chain did not admit or deny wrongdoing in entering an assurance of discontinuance with James' office, including a $50,000 payment covering civil penalties and costs, that was made public on Monday. James said Walgreens raised price...
New York United States Chris Reese Reckitt Benckiser Enfamil Jonathan Stempel Letitia James
Source: aol.com

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