Feb 17, 2022 - Health

FTC won't study pharmacy benefit managers

FTC Chair Lina Khan speaks in front of Congress.

FTC Chair Lina Khan voted in favor of studying PBMs. Photo: Graeme Jennings/Washington Examiner/Bloomberg via Getty Images

A motion on whether the Federal Trade Commission should study pharmacy benefit managers and how they've affected drug prices and pharmacy operations failed to get a majority vote today among FTC commissioners, who voted 2-2.

Why it matters: The PBM industry, which has been heavily consolidated over the past several years, gets a pass from antitrust scrutiny for now.

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