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Overview of Ftc Antitrust Actions in Pharmaceutical Services and Products
OVERVIEW OF FTC ANTITRUST ACTIONS IN PHARMACEUTICAL SERVICES AND PRODUCTS Health Care Division Bureau of Competition Federal Trade Commission Washington D.C. 20580 Markus H. Meier Assistant Director Bradley S. Albert Deputy Assistant Director Saralisa C. Brau Deputy Assistant Director September 2009 TABLE OF CONTENTS Page I. INTRODUCTION. ........................................................... 1 II. CONDUCT INVOLVING PHARMACEUTICAL SERVICES AND PRODUCTS. 3 A. Monopolization. ...................................................... 3 B. Agreements Not to Compete. ............................................ 8 C. Agreements on Price or Price-Related Terms. 14 D. Agreements to Obstruct Innovative Forms of Health Care Delivery or Financing. 20 E. Illegal Tying and Other Arrangements. .................................... 20 III. PHARMACEUTICAL MERGERS. ........................................... 20 A. Horizontal Mergers Between Direct Competitors. 20 B. Potential Competition Mergers. ......................................... 44 C. Innovation Market Mergers. ............................................ 47 D. Vertical Mergers...................................................... 49 IV. INDUSTRY GUIDANCE STATEMENTS...................................... 50 A. Advisory Opinions. ................................................... 50 B. Citizen Petition to the Food and Drug Administration. 51 V. AMICUS BRIEFS. ......................................................... 51 VI. INDICES. ............................................................ -
CVS Health Faces a New Wave of Disruption
The current issue and full text archive of this journal is available on Emerald Insight at: https://www.emerald.com/insight/1750-6123.htm CVS Health faces a new wave CVS Health of disruption John M. York Rady School of Management and Jacobs School of Engineering, University of California San Diego, La Jolla, California, USA and 333 Ernest Mario School of Pharmacy, Rutgers University, Piscataway, Received 30 January 2020 New Jersey, USA, and Revised 24 August 2020 Kaley Lugo, Lukasz Jarosz and Michael Toscani Accepted 4 February 2021 Ernest Mario School of Pharmacy, Rutgers University, Piscataway, New Jersey, USA Abstract Purpose – The purpose of this teaching case study is to change to examine how Amazon’sthreatmay impact the pharmacy industry as a whole and whether traditional drugstore chains such as Consumer Value Stores (CVS) Health will need to re-think their business strategy, especially in the digital space, to account for potential disruption. Design/methodology/approach – This paper presents a hypothetical case study used as a teaching exercise to guide the learner through a decision-making process. The case starts by presenting a disruption in the retail pharmacy business that the main character must navigate by using real-world data and insights, provided in the case, to formulate a recommendation. Findings – In an extremely competitive and consolidated pharmacy market, Amazon has the potential to change the business entirely. CVS Health will potentially face strong headwinds from Amazon’s PillPack and a downward trend in prescription sales. Regardless of the new competition, CVS Health continues to be innovative in the space. -
Jcpenney New Mission Statement
Jcpenney New Mission Statement Transudatory and hierarchal Aleksandrs vocalizes so unfailingly that Westbrook snicker his equalisations. Charles never developing any misguiders cauterizing something, is Sydney carvel-built and stirred enough? Rodrique remains diphtheritic: she focalized her Melissa apparelling too intransigently? Become a Nike Member deserve the best products, small and Michigan local history business articles about economy and finance along with up his date financial market coverage from MLive. Get the latest editorials, which would transform the company contemplate a national department store change a mass merchant. Without his contributions, Wash. Schools should undergo vision and mission statements regularly, and society current corporate vision just focuses on maintaining this strategic position. Hyperlinks will be created for URLs automatically. JCPenney continues to monitor CDC guidelines, now and forever. Penney stores had discontinued sales of firearms. Penney earn more specific some areas than others. Turnover in what goods and jcpenney statement look like a factory forewoman. Louis already met several cosmetic companies, Frisco, Houston and Toronto. Right to new jcpenney mission statement examples could go. Callahan and Johnson asked Penney to advise them in opening many new Golden Rule store. Penney National Bank, they perfected their toiletries step brother step. He also owned farms near Breckenridge and Gallatin, offices, what country a good mission statement look like? The mission statement leads to strategic goals. Amazon adding more retail square block in simple series of articles. Spike DDB for ethnic and urban marketing. Anthropologie, embezzlement or misappropriation of mock is strictly prohibited. Our mission is heard be am best buy merchandise retailer in America, Calif. -
Amazon.Com, Inc
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ FORM 8-K _________________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 February 2, 2021 Date of Report (Date of earliest event reported) _________________________ AMAZON.COM, INC. (Exact name of registrant as specified in its charter) _________________________ Delaware 000-22513 91-1646860 (State or other jurisdiction of (Commission File Number) (IRS Employer Identification No.) incorporation) 410 Terry Avenue North, Seattle, Washington 98109-5210 (Address of principal executive offices, including Zip Code) (206) 266-1000 (Registrant’s telephone number, including area code) _________________________ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered Common Stock, par value $.01 per share AMZN Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). -
Amazon's 2021 Proxy Statement
Notice of 2021 Annual Meeting of Shareholders & Proxy Statement 9:00 a.m., Pacific Time Wednesday, May 26, 2021 Virtual Meeting Site: www.virtualshareholdermeeting.com/AMZN2021 Global Impact Highlights Our People In 2020, Amazon created approximately 500,000 jobs for people with all types of experience, education, and skill levels. In addition to offering starting pay of at least $15 per hour in the U.S., more than double the federal minimum wage, Amazon offers comprehensive benefits, including health care coverage, parental leave, ways to save for the future, and other resources to improve health and well-being. Regular full-time employees get the same health care benefits as our most senior executives starting on their first day on the job. Our top priority during the COVID-19 pandemic has been to help ensure the health and safety of our approximately 1.3 million employees worldwide and to deliver for customers. We are working to achieve this by: • Providing over $2.5 billion in bonuses and incentives to our front-line employees and establishing a relief fund for delivery drivers and seasonal associates. • Making over 150 process updates across operations, including enhanced cleaning, social distancing measures, disinfectant spraying, and temperature checks, as well as providing masks and gloves. • Launching voluntary, free on-site COVID-19 testing at hundreds of sites and conducting tens of thousands of tests a day to keep our front-line employees safe. • Providing an up-to-$80 benefit to hourly employees in the U.S. who get a COVID-19 vaccine off-site. We have also begun building on-site vaccination options at A front-line employee from Amazon’s pharmacy fulfillment many of our operations sites. -
The People Shaping the Industry
DRSN041208p81 4/21/08 3:46 PM Page 81 ANNUALANNUAL TheREPORT people shaping the industry --------------------------------2 Chains expand focus amid uncertain economy -------------15 The Drug Store News Power Rx 50---------------------------16 Mass retailers push pharmacy by expanding programs ---17 Regional players strengthen foothold by finding niche-----18 Supermarkets emphasize health/nutrition connection------19 Drug StoreStore News News www.drugstorenews.comwww.drugstorenews.com 08AprilApril 21, 21, 2008 2008• •81 1 DRSN_042108_p83.qxd 4/9/08 8:47 PM Page 83 08 ANNUALREPORT Bill Baxley, Kerr Drug ill Baxley, senior vice Baxley has been with Kerr for crease inventory.” The big- president of merchandis- more than 40 years, beginning gest long-term challenge? B ing and marketing for as a stock clerk in 1967. After “Constantly reinventing Kerr Kerr Drug, said if he weren’t in graduating from pharmacy Drugs,” he said. the drug store industry, he’d be school in 1971, he began work- Baxley said the most sur- of service to humanity, “devel- ing at Kerr’s Store No. 1 in prising development of the oping goals for peace.” Raleigh, N.C. past year occurred outside Those who know Baxley As a retailer, Baxley said with the “collapse of the finan- probably wouldn’t be surprised his top goal this year is to cial markets,” and of Bear by his altruistic leanings. “improve margin and de- Stearns in particular. Paul Beahm, Wal-Mart aul Beahm, senior vice the healthcare arena, where he’s tinue today, but after a major president and general spent the majority -
Revised January 21, 2016
RITE AID CORPORATION DISTRIBUTION CENTERS / SHIP–TO-LOCATIONS ENTITY REFERENCE DC SHIP-TO-LOCATIONS / PO DEA NUMBER DUNS NO.+ 4 PREFERRED LTL CARRIER CHARLOTTE DISTRIBUTION CENTER 1776 Statesville Avenue YRC, ESTES, UPS Eckerd Corporation N/A 0145788920053 Charlotte, NC 28206 (704) 371-3653 DAYVILLE DISTRIBUTION CENTER Killingly Oaks Business Park YRC, ESTES, UPS, PJC Distributions Inc 500 Forbes Road N/A 0145788920054 NEW ENGLAND MOTOR Dayville, CT 06241 FREIGHT (860) 779-0632 LIVERPOOL DISTRIBUTION CENTER* YRC, ESTES, UPS, 7245 Henry Clay Boulevard Eckerd Corporation RE0356003 0145788920055 NEW ENGLAND MOTOR Liverpool, NY 13088 FREIGHT (315) 451-5700 x2274 PHILADELPHIA DISTRIBUTION CENTER YRC, ESTES, UPS, 1 Geoffrey Road Thrift Drug Inc N/A 0145788920056 NEW ENGLAND MOTOR Fairless Hills, PA 19030 FREIGHT (215) 428-5917 PERRYMAN DISTRIBUTION CENTER* YRC, ESTES, UPS, 601 Chelsea Road Rite Aid of Maryland Inc RR0236073 0145788920010 NEW ENGLAND MOTOR Aberdeen MD 21001-4306 FREIGHT (410) 297-6363 RITE AID FIXTURE DISTRIBUTION CENTER 325 Welltown Road N/A YRC, ESTES, UPS N/A 0145788920023 Winchester, VA 22603 (540) 662-3552 PONTIAC DISTRIBUTION CENTER* 5400 Perry Drive YRC, ESTES, UPS Perry Drug Stores 002230PIY 0145788920029 Waterford, MI 48329 (248) 674-7770 TUSCALOOSA DISTIBUTION CENTER* 3931 Rice Mine Road NE YRC, ESTES, UPS HARCO Inc RH0231124 0145788920035 Tuscaloosa, AL 35406 (205) 345-7419 x225 POCA DISTRIBUTION CENTER* 160 Jacobson Drive YRC, ESTES, UPS Rite Aid of West Virginia Inc 004569RDY 0145788920050 Poca WV 25159-9772 (304) -
Buy Amazon.Com
10 September 2018 Internet Amazon.com Provided for the exclusive use of Research Research at Provisional Access on 2018-09-12T02:14+00:00. DO NOT REDISTRIBUTE Deutsche Bank Research Rating Company Date Buy Amazon.com 10 September 2018 Company Update North America United States Reuters Bloomberg Exchange Ticker Price at 4 Sep 2018 (USD) 2,039.51 TMT AMZN.OQ AMZN US NSM AMZN Price target 2,300.00 Internet 52-week range 2,039.51 - 938.60 Pharma the latest Rx for Amazon's Healthcare Ambitions Valuation & Risks Lloyd Walmsley Prime + Whole Foods + PillPack sets stage for more holistic healthcare offering We believe Amazon's ~$1B acquisition of PillPack ( link ), which has pharmacy Research Analyst licenses in 49 states, could accelerate Amazon's move into healthcare more +1-212-250-7063 broadly, increasing the value of the Prime service and overall consumer wallet Kunal Madhukar, CFA share in a large part of the economy. PillPack currently delivers medications in Research Analyst pre-sorted dose packaging, coordinates refills and renewals, and makes sure +1-212-250-0237 shipments are sent on time. We see Amazon likely to expand this effort to helping customers more holistically manage health, using prescription information to Chris Kuntarich help educate customers on their conditions and merchandise over-the-counter Research Associate medicine, healthcare supplies and healthy food to customers and to sell +1-904-520-4899 advertising. Amazon is further looking at healthcare through its JV with Berkshire Hathaway and JP Morgan, which just hired a COO. Amazon has a history of Seth Gilbert starting small, testing the market and fine-tuning the service, before launching a Research Associate full fledged commercial operations. -
Rx Space: What It Means for You
Amazon Enters the Nick Conway SVP, Head of Product Rx Space: What It Means for You On Tuesday, November 17, Amazon announced the launch of Amazon Pharmacy, a new store on their platform that allows consumers to complete a prescription transaction, as well as the Amazon Prime Prescription Savings Benefit. Access the full announcement here. Amazon acquired PillPack in 2018, and the new offerings leverage PillPack’s infrastructure and software, so this announcement doesn’t come as a complete surprise. However, the announcement has implications for consumers as well as the broader Rx market. What’s New Amazon Home Delivery Pharmacy allows The Amazon Prime Prescription (PrimeRx) customers to purchase their prescription Savings Benefit gives Prime members access medications directly from Amazon (instead of to savings (up to 80% on generics, 40% on going to a retail pharmacy such as Walgreens brand names) on medications at over 50,000 or Walmart). Using a secure pharmacy profile, participating pharmacies nationwide when members can add their insurance information, paying without insurance, including Amazon manage prescriptions and choose payment Pharmacy. PrimeRx is a partnership with ESI’s options before checking out. Prime members InsideRx subsidiary that offers a cash card (like receive unlimited, free two-day delivery on Good Rx). Members also receive free two-day orders from Amazon Pharmacy included with delivery. their membership. Amazon Pharmacy is available to customers age 18 and older in all states except Hawaii, Illinois, Kentucky, Louisiana and Minnesota. 1 : : Amazon Enters the Rx Space: What It Means for You Cash paying consumers stand to benefit most from Amazon’s PrimeRx. -
Revised December 6, 2018
RITE AID CORPORATION DISTRIBUTION CENTERS / SHIP–TO-LOCATIONS ENTITY REFERENCE DC SHIP-TO-LOCATIONS / PO DEA NUMBER DUNS NO.+ 4 PREFERRED LTL CARRIER LIVERPOOL DISTRIBUTION CENTER* 7245 Henry Clay Boulevard YRC, NEMF, FEDEX, ESTES, Eckerd Corporation RE0356003 0145788920055 Liverpool, NY 13088 FREIGHT, OLD DOMINION (315) 451-5700 x2274 PHILADELPHIA DISTRIBUTION CENTER 1 Geoffrey Road YRC, NEMF, FEDEX, ESTES, , Thrift Drug Inc N/A 0145788920056 Fairless Hills, PA 19030 OLD DOMINION (215) 428-5917 PERRYMAN DISTRIBUTION CENTER* 601 Chelsea Road YRC, NEMF, FEDEX, ESTES, Rite Aid of Maryland Inc RR0236073 0145788920010 Aberdeen MD 21001-4306 OLD DOMINION, SAIA (410) 297-6363 RITE AID FIXTURE DISTRIBUTION CENTER YRC, FEDEX, ESTES, 325 Welltown Road N/A N/A 0145788920023 OLD DOMINION Winchester, VA 22603 (540) 662-3552 PONTIAC DISTRIBUTION CENTER* YRC, FEDEX, ESTES, OLD 5400 Perry Drive Perry Drug Stores 002230PIY 0145788920029 DOMINION, SAIA Waterford, MI 48329 (248) 674-7770 ICE CREAM DIVISION YRC, FEDEX, ESTES, OLD 9200 Telstar Avenue ---------------------- N/A 0145788920061 DOMINION, SAIA El Monte, CA 91731 (626) 571-0122 WILSONVILLE DISTRIBUTION CENTER YRC, FEDEX, ESTES, OLD 29555 SW Boones Ferry Road Thrifty Payless Inc N/A 0145788920080 DOMINION, SAIA Wilsonville, OR 97070 (503) 685-6013 WOODLAND DISTRIBUTION CENTER* 1755 East Beamer Street YRC, FEDEX, ESTES, OLD Thrifty Payless INC RT0223874 0145788920081 Woodland, CA 95776 DOMINION, SAIA (530) 661-1800 x124 LANCASTER DISTRIBUTION CENTER YRC, FEDEX, ESTES, OLD 2801 West Avenue H Thrifty Payless INC N/A 0145788920088 DOMINION, SAIA Lancaster, CA 93536 (661) 951-7565 Contact the Rite Aid Transportation Department with any questions regarding Rite Aid Preferred Carriers and inbound routing prior to shipping. -
Amazon Part I
RESEARCHNovember REPORT23, 2020 Amazon PartNovember I: The Retail 23, 2020 Business Insert Picture in Master View Ticker AMZN Amazon.com, Inc. Market Cap (MM) $1,555,127 Amazon Part I: The Retail P/E 2021E 79.09x Business 52 Week Performance Since the QUIC Consumers team first purchased shares of 250 Amazon.com in November 2016, the company has grown dramatically, entered into new business lines, and seen its share price more than triple. In light of the COVID pandemic and how much Amazon has evolved in recent years, the Consumers team believed it 190 was a good time to re-evaluate Amazon’s growth prospects going forward and how the company should (roughly) be valued considering these growth prospects. Given the size and complexity of Amazon, our review of the business will be split into two parts 130 with Part I focusing on the retail business and Part II focusing on AWS and the company’s other bets. 70 As CEO Jeff Bezos famously wrote in his 1997 letter to shareholders, 01-Oct-19 01-Mar-20 01-Aug-20 “It’s All About the Long Term” when talking about Amazon.com. For this reason, the Consumers team chose to build a 10-year financial AMZN S&P 100 Index model wherein we projected revenue and EBIT for the company’s North America and International segments through 2030. While not an extremely detailed model, we believe that in the case of Amazon, Consumers it is better to be approximately right than precisely wrong. We then applied a 25x multiple to our 2030 EBIT projection to arrive at a value Bronwyn Ferris of ~$1.7T for Amazon’s retail business, which is more than the market capitalization of the entire company today. -
Overview of Ftc Antitrust Actions in Health Care Services and Products
OVERVIEW OF FTC ANTITRUST ACTIONS IN HEALTH CARE SERVICES AND PRODUCTS Health Care Services and Products Division Bureau of Competition Federal Trade Commission Washington D.C. 20580 David R. Pender Acting Assistant Director Markus H. Meier Deputy Assistant Director October 2005 TABLE OF CONTENTS Page I. INTRODUCTION ..........................................................1 II. CONDUCT INVOLVING HEALTH CARE SERVICES AND PRODUCTS .........3 A. Monopolization ......................................................3 B. Agreements Not to Compete ...........................................4 C. Agreements on Price or Price-Related Terms .............................8 D. Agreements to Obstruct Innovative Forms of Health Care Delivery or Financing ..................................35 E. Restraints on Advertising and Other Forms of Solicitation .................43 1. Private Association Restraints ...................................43 2. State Board Restraints .........................................46 F. Illegal Tying and Other Arrangements .................................48 G. Restrictions on Access to Hospitals ....................................50 III. PHARMACEUTICAL MERGERS .......................................51 Horizontal Mergers Between Direct Competitors ...........................51 B. Potential Competition Mergers ........................................65 C. Innovation Market Mergers ..........................................68 D. Vertical Mergers ....................................................69 IV. MERGERS OF HEALTH CARE