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CVS Investigated By FTC Over Business Practices

"CVS Caremark Corp (CVS.N) has been the subject of a U.S. Federal Trade Commission investigation over some of its business practices since August, the company said on Thursday," Reuters reports. Full Article at Medical News Today

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  1. In a three-way contest for national drugstore dominance, the success of CVS CEO Tom Ryan at buying and integrating rival pharmacy chains paved the way for a 2007 deal that broke the mold: the $26 billion acquisition of pharmacy benefits manager... Full Article at The Deal: Blogs

  2. The Federal Trade Commission is investigating some of CVS Caremark Corp.'s business practices, the company said Thursday. Full Article at San Francisco Chronicle

  3. Nov. 5 (Bloomberg) -- CVS Caremark Corp. posted its biggest stock drop in eight years after saying its unit for managing pharmacy benefits lost $3.7 billion in contracts and disclosing that antitrust regulators are probing some business practices. Full Article at Bloomberg.com

  4. Nov. 5 (Bloomberg) -- CVS Caremark Corp. , the largest U.S. provider of prescription drugs, said the Federal Trade Commission is probing some its business practices. Full Article at Bloomberg.com

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  1. WASHINGTON - SEPTEMBER 17:  (L-R, back row) Federal Trade Commission Chairman Jon Leibowitz, Treasury Secretary Timothy Geithner, Attorney General Eric Holder and Housing and Urban Development Secretary Shaun Donovan attend a meeting with attorneys general from 12 states about combating fraud in...
  2. Federal Trade Commission Chairman Jon Leibowitz, left, chats with California Attorney General Jerry Brown after the  announcement of lawsuits to shut down large-scale loan modification scams in Los Angeles and Orange Counties, at a news conference in Los Angeles Wednesday, July 15, 2009.
  3. WASHINGTON - APRIL 06:  Federal Trade Commission Chairman Jon Leibowitz (R) makes an announcement with U.S. Attorney General Eric Holder at the Treasury Department April 6, 2009 in Washington, DC.
  4. WASHINGTON - DECEMBER 09:  John Mackey, CEO of Whole Foods, speaks while surrounded by Whole Foods employees during a news conference on Capitol Hill, December 9, 2008 in Washington, DC.
  5. ST. PAUL, MN - SEPTEMBER 02:  Orson Swindle, former POW and Commisioner of the Federal Trade Commission, speaks  on day two of the Republican National Convention (RNC) at the Xcel Energy Center on September 2, 2008 in St. Paul, Minnesota.

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