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Resource ID: #18480
Subject: Pharmaceuticals
Source: Maine Times (Topsham, Maine)
Affiliation: 
Date: 2024-04-19

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Description

Maine Times reports on the aggressive expansion of the national drugstore chain Rite Aid in Maine. The corporation's growth makes some competitors and industry watchdogs uneasy, the reporter points out. The story examines how the takeover of the pharmaceutical business by chains like Rite Aid and its biggest competitors - Shop n' Save and Walmart - has impacted drug prices and consumer rights. Small drugstores are losing business, as insurance companies force them to sell at prices lower than they can afford. Meanwhile, chains like Rite Aid can afford their own managed-care plans, and are still interested in buying independent stores, the Times reports.

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