(Credit: Daniel Beckemeier/Shutterstock.com) Eli Lilly's Insulin Price Cut Not Likely to Extricate It From Legal Morass
"If a company has acquired or maintained monopoly power through anticompetitive means, they're liable under the antitrust laws whether or not they're exploiting their monopoly power by charging monopoly prices," said Daniel Crane, a professor at the University of Michigan Law School.
March 02, 2023 at 06:20 AM
3 minute read
Health Care
Eli Lilly and Co.'s announcement Wednesday that it plans to slash the list prices of its popular Humalog and Humulin insulin by 70% isn't likely to free the company from an avalanche of litigation alleging it used its dominant market position to keep insulin prices high.
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