FTC Nominees Open To Reviewing Past PBM Mergers; Simons Wants Task Force To Monitor Drug Prices

House and Senate lawmakers worry about the effects of pharmacy benefit manager consolidation, and nominees to the Federal Trade Commission said they expect FTC to review past PBM mergers. At a hearing on their nominations, nominees said health care industries are a priority area, and FTC Chair-nominee Joseph Simons wants to create a task force that monitors drug prices. At a House Energy & Commerce oversight hearing on Wednesday (Feb. 14), subcommittee Vice Chair Morgan Griffith (R-VA) and ranking Democrat...