Antitrust Immunity For Community Pharmacists?

Yesterday, the House Judiciary Committee Antitrust Task Force held a hearing on H.R. 971, the Community Pharmacy Fairness Act of 2007, provide antitrust immunity to “independent pharmacies” to engage in collective bargaining to secure higher fees and more favorable contract terms from health plans.  Testifying were:

Rankin and Wales oppose the bill, the others favor it.

Side note: the bill defines independent pharmacies as “a pharmacy which is not owned (or operated) by a publicly traded company.”

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