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Yves here. This Supreme Court ruling is a welcome departure from the general pattern of jurists being deferential to commercial interests. Here, the Supreme Court sided against pharmacy benefit managers who tried using ERISA to evade state regulators’ efforts to end their price gouging and other anti-consumer practices.
By run75441. Originally published at Angry Bear
While briefly discussing (accessible link below for addition information) this decision, keep in mind this is a big deal in lowering the costs of pharmaceuticals as it goes right to the source of some of the excess takings involved in the distribution of drugs from manufacturer to drug stores.