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Resource ID: #28651
Subject: Pharmaceuticals
Source: Staff
Affiliation: 60 Minutes
Date: May 12, 2019

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Description

In the midst of a national discussion about the soaring cost of prescription drugs, 60 MINUTES revealed a startling reason for price spikes on some of the most commonly prescribed generic medications in America: price fixing on an industry-wide scale. We obtained and analyzed generic drug industry pricing data, which enabled us to illustrate how competitors were working in unison to raise prices on pharmaceuticals.

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