CVS Health Corp.was accused by Republican lawmakers of possibly violating antitrust laws by discouraging independent pharmacies from working with third-party competitors.
Republican and Democratic lawmakers, along with President Donald Trump, have been increasingly critical of health conglomerates, like CVS, which operate insurance companies, retail pharmacies, and drug benefit managers. Chief executive officers of CVS and other insurers will testify at a congressional hearing on Thursday.
The House Judiciary Committee released an interim staff report Wednesday as part of an investigation that began in 2024. The report focuses on CVS’s pharmacy benefit manager, which, among other functions, helps health ...
