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Justice Department Approves Cigna-Express Scripts Merger
The New York Times; subscription may be required
Sept. 18, 2018
"These combinations of powerful health insurance companies with the country's dominant pharmacy benefit managers ... represent a recognition by established companies that they need to change their business model in response to customer demands that prices are better controlled.... The decision by federal antitrust officials to allow Cigna to buy Express Scripts signals an acceptance of so-called vertical mergers in which companies, although in the same broad line of business, do not directly compete."
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