Friday, January 8, 2010

Nexium deal a bitter pill to swallow

Antitrust laws, anyone?

Yesterday, AstraZeneca reached a deal with generic drug maker Teva Pharmaceutical Industries to keep generic versions of heartburn drug Nexium out of the U.S. market until 2014.

Paging the Justice Department: Doesn't this violate antitrust laws?

Well, it used to. These days, it doesn't seem to matter, because on antitrust issues, the modern Democrats = the Republicans. Except the Republicans are still worse, because they're more likely to give taxpayer-funded bailouts to companies that violate antitrust laws. But that's another sorryass story entirely.

(Source: http://www.mercurynews.com/breaking-news/ci_14142393)

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