Navigation Links
NCPA Responds to Consumer Groups' Request for CVS Caremark Divestiture

ALEXANDRIA, Va., April 15, 2011 /PRNewswire-USNewswire/ -- The New York Times reports today that the Federal Trade Commission (FTC) has received a letter from the Consumer Federation of America, Community Catalyst, Consumer Union, National Legislative Association on Prescription Drug Prices and U.S. PIRG asking for divestiture of CVS Caremark. In response, National Community Pharmacists Association (NCPA) Executive Vice President and CEO Douglas Hoey, RPh, MBA, issued the following statement:


"When the FTC prepared to approve the CVS Caremark merger, NCPA and others warned that the merger would lead to Caremark sharing non-CVS patient data with CVS in order to increase its market share.  Unsurprisingly, after the 2007 merger, evidence mounted of anti-competitive and anti-privacy business practices through programs such as the ironically named 'Maintenance Choice.'  In late 2008, NCPA argued that the best recourse was to urge an FTC investigation of CVS Caremark's alleged improprieties, which would hopefully lead to corrective action. Other observers, including Members of Congress from both parties and consumer groups, agreed. The investigation began in the latter part of 2009, but the FTC has yet to weigh in with its findings.

"Now, several national, respected consumer groups are seeking the most comprehensive solution – CVS Caremark's divestiture – to the problems posed by a coordinated effort to steer and sometimes force patients to CVS Caremark's retail or mail order pharmacies. The consumer advocates outline three compelling reasons in their letter and community pharmacists agree with those reasons. First, CVS Caremark's previous commitment to remain agnostic about where prescriptions are filled has not been honored. Second, structural relief is preferable to behavioral relief when dealing with a corporation that is motivated to direct business from competitors into their stores. Third, the proposed efficiencies from the merger do not seem to be realized.  If the sole reason for the merger was increasing CVS store sales, that is not a significant benefit that would prevent the Commission from recommending divestiture.

"On behalf of NCPA and the more than 23,000 independent community pharmacies we represent across America, and the millions of patients they serve, we agree that action is needed to ensure a patient choice of pharmacy and that competitor's patient data are not being shared. Lesser solutions will inevitably lead to the FTC being approached once again with evidence of new and creative tactics being undertaken in the future that may not be in the best interest of patients or competition."

The National Community Pharmacists Association (NCPA®) represents the interests of America's community pharmacists, including the owners of more than 23,000 independent community pharmacies, pharmacy franchises, and chains. Together they represent a $93 billion health-care marketplace, have more than 315,000 employees including 62,400 pharmacists, and dispense over 41% of all retail prescriptions. To learn more go to or read NCPA's blog, The Dose, at

SOURCE National Community Pharmacists Association
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Solvay Pharmaceuticals, Inc. Responds to Advisory Committee Recommendation for Further Study of Tedisamil to Treat Atrial Fibrillation
2. Roche responds to announcement of IDEAL hepatitis C trial results
3. GlaxoSmithKline Responds to FDA on CERVARIX(R) and Plans to Submit Final Study Data for Approval
4. GSK Believes There Is No Liver Safety Issue With AVANDIA; Responds to Public Citizen Petition
5. AstraZeneca Responds to FDA Joint Advisory Committees Recommendation on SYMBICORT(R)
6. EPSScentral Responds to Pandemic Alert
7. Endologix Responds to Alleged Patent Infringement
8. U.S. Kidney Dialysis Community Responds to Haitis Emergency Plea for Life-Saving Dialysis Care
9. Fenwal Responds to New Lawsuit From Haemonetics; Reiterates Commitment to Blood Centers
10. Philips Responds to Industry Concerns With Focus on Radiation Dose Management Products Designed for Clinicians and Patients
11. GlaxoSmithKline Responds to US Senate Committee on Finance Report on Avandia
Post Your Comments:
(Date:6/24/2016)... , June 24, 2016 ... the "Structural Electronics 2015-2025: Applications, Technologies, Forecasts" ... In-Mold Electronics, Smart Skin, Structural ... Structural electronics involves electronic and/or ... protective structures, replacing dumb structures such as vehicle ...
(Date:6/24/2016)... India , June 24, 2016 ... Needles Market by Type (Standard Pen Needles, Safety Pen ... Therapy (Insulin, GLP-1, Growth Hormone), Mode of Purchase (Retail, ... by MarketsandMarkets, This report studies the market for the ... expected to reach USD 2.81 Billion by 2021 from ...
(Date:6/23/2016)... 23, 2016 Research and Markets has ... - Forecast to 2022" report to their offering. ... for the patients with kidney failure, it replaces the function ... the patient,s blood and thus the treatment helps to keep ... in balance. Increasing number of ESRD patients ...
Breaking Medicine Technology:
(Date:6/24/2016)... ... June 24, 2016 , ... Dr. Amanda Cheng, ... treatment. Dr. Cheng has extensive experience with all areas of orthodontics, including robotic ... osteogenic orthodontics. , Micro-osteoperforation is a revolutionary adjunct to orthodontic treatment. It ...
(Date:6/24/2016)... NY (PRWEB) , ... June 24, 2016 , ... Topical BioMedics, Inc, makers of Topricin ... companies that call for a minimum wage raise to $12 an hour by 2020 and ... This will restore the lost value of the minimum wage, assure the wage floor does ...
(Date:6/24/2016)... ... June 24, 2016 , ... EB Medicine presented ... in Emergency Medicine conference in Ponte Vedra Beach, FL. The awards honor the ... Emergency Medicine Practice and Pediatric Emergency Medicine Practice. , “With this award, ...
(Date:6/24/2016)... Vegas, Nevada (PRWEB) , ... June 24, 2016 ... ... Las Vegas client, The Grove Investment Group (TGIG), has initiated cultivation and processing ... Grove, in Las Vegas and Pahrump, Nevada. , Puradigm is the manufacturer of ...
(Date:6/24/2016)... ... 24, 2016 , ... National recruitment firm Slone Partners is pleased ... and genomics experience, as Vice President of North American Capital Sales at HTG ... leading the sales team in the commercialization of the HTG EdgeSeq system and associated ...
Breaking Medicine News(10 mins):