Healthcare Dive reports on U.S. District Judge Richard Leon's Tunney Act hearing on the fairness of the Justice Department's resolution of antitrust issues stemming from last year's CVS Health acquisition of Aetna. The hearing was held last Friday July 19 in federal court in Washington DC. Of note,
Several of [Judge] Leon's questions during oral argument suggested he might consider anticompetitive harms outside the Tunney Act as a basis to reject the settlement.
The judge seemed particularly interested in AIDS Healthcare Foundation lawyer Christopher Casey's suggestion of additional remedies that could be put into place on top of the divestiture of the PDP plans the companies were already required to complete.
Those proposed remedies included requiring CVS allow all rival pharmacies access to to its pharmacy network, allowing all Aetna plan members to opt out of using CVS mail-order pharmacy and allowing all managed care companies access to the CVS Caremark PBM.Of course, a district court decision invoking such remedies would send the case up to the U.S. Court of Appeals for the D.C. Circuit for review.
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