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The Latest Breaking News from Lina M Khan

Millions of workers are subject to noncompete agreements. They could soon be banned

The Federal Trade Commission has proposed a new rule that bans the use of noncompete agreements, calling them an exploitative practice that suppresses wages and hampers innovation.

WEKU

The FTC’s newest commissioner speaks

Alvaro Bedoya, a data expert and the newest commissioner at the Federal Trade Commission, talks to POLITICO’s Josh Sisco about why tech isn’t everything, how to look out for the people Washington might be ignoring — and why mail-order ribeye steaks are cut too small.

Politico

Federal regulators probe Cigna’s pharmacy benefit manager, CVS Caremark, and others. What are they investigating?

Express Scripts, the pharmacy benefit manager that Cigna Corp. bought in 2018, is being investigated by the Federal Trade Commission for what regulators claim is influence over drug prices wielded by pharmacy benefit managers and transparent business practices.

Tribune News Service

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FTC plans inquiry into pharmacy benefit manager practices

The Federal Trade Commission is starting an inquiry into the operations of pharmacy benefit managers who control access to prescription drugs for millions of Americans

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