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Panel votes against fines for pharmaceutical price gouging


Panel votes against fines for pharmaceutical price gouging
May 28, 2021
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AUGUSTA, Maine (AP) A legislative committee has voted against a bill to impose fines on generic drug manufacturers engaged in price gouging, amid concerns about protracted litigation.
Democrats on the Health Coverage, Insurance and Financial Services Committee were divided over the “excessive pricing” bill, despite assurances from Maine’s attorney general that his office would defend it in court.
The pharmaceutical industry has successfully challenged similar laws that passed in other states, the Portland Press Herald reported.
Senate President Troy Jackson said it s worth the legal risk. “If we can’t as a Legislature go forward with something to help our constituents, then I don’t want to be in this Legislature,” Jackson, an Allagash Democrat who sponsored one of the price-gouging bill. ....

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Legislative committee votes down bill that would penalize drug companies for price gouging


Legislative committee votes down bill to penalize drug companies for price gouging
The pharmaceutical industry has made it clear that it will sue Maine if the state approves the measure, which now goes to the full Legislature.
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A legislative committee on Thursday voted against a bill to assess hefty fines on generic drug manufacturers that jack up prices, rejecting the proposal after the industry made clear it would sue Maine if it became law.
Democrats on the committee were deeply divided over the “excessive pricing” bill despite assurances from Maine’s attorney general that his office would defend it in court. While another measure to strengthen Maine’s 2-year-old drug price monitoring program earned a committee endorsement, a majority of members weren’t swayed by Senate President Troy Jackson’s fiery comments that it was worth the legal risk to combat price gouging. ....

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Troy Jackson seeks transparency for online news sites trying to influence elections


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Maine Senate President Troy Jackson is fighting back against a growing number of online sites purporting to deliver the news but really aimed at helping particular candidates win public office.
Jackson, an Allagash Democrat, said that sites which masquerade as news organizations as they assail opponents or prop up chosen candidates ought to include a disclaimer that lets people know who paid to put them online.
State Senate President Troy Jackson testifying recently about his bill to bring transparency to ‘fake news’ sites.
Screenshot from video
“This is good transparency for everyone,” Jackson told the Committee on Veterans and Legal Affairs. ....

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