States Sue Generic-Drug Firms Over Price-Fixing Allegations

Twenty state attorneys general sued a group of generic-drug companies Thursday, accusing them of colluding to fix prices on an antibiotic and a diabetes medication, in violation of federal antitrust law. The suit comes a day after price-fixing charges against former executives at one of the drugmakers were unsealed in a Justice Department antitrust probe.

The attorneys general, including Connecticut’s George Jepsen and New York’s Eric Schneiderman, alleged in a suit filed in Connecticut federal court that six companies…

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