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RHODE ISLAND residents who report fraud on Black Friday lose an average of $470.83 to the scams, according to a report by a data collection firm. / AP FILE PHOTO/STEVE HELBER

Black Friday scam victims in R.I. lose an average of $470,...

PROVIDENCE – Rhode Island residents who report falling victim to Black Friday scams lose an average of $470.83, according to a report by data...
PHARMACY BENEFIT MANAGERS such as CVS Caremark, which is owned by CVS Health Corp, are being accused to wielding enormous power over prescription drug prices. / AP FILE PHOTO/CHRIS CARLSON

Are PBMs forcing out small drugstores, inflating medication prices?

Pharmacy benefit managers say they protect against prescription drug prices from rising exorbitantly high, but these companies – such as one operated by CVS...

Federal judge rejects FTC’s bid to ban noncompete agreements

A federal judge in Texas has blocked a new rule from the Federal Trade Commission that would have made it easier for employees to...
THE FEDERAL TRADE COMMISSION said in its report “Pharmacy Benefit Managers: The Powerful Middlemen Inflating Drug Costs and Squeezing Main Street Pharmacies” that PBMs “wield enormous power over patients’ ability to access and afford their prescription drugs, allowing PBMs to significantly influence what drugs are available and at what price.” / AP FILE PHOTO/CHRIS CARLSON

FTC criticizes ‘enormous power’ of pharmacy benefit managers in scathing report

PROVIDENCE – Drug middlemen are hurting small, independent pharmacies while reaping huge profits by inflating drug prices, according to a Federal Trade Commission staff...
Joshua A. Hawks-Ladds

Prep for noncompete ban

Now that the dust has settled on the Federal Trade Commission’s April 23 final rule that would prohibit virtually all employee noncompete agreements, where...
GONE TOO FAR? Matthew H. Parker, a partner at Whelan Corrente & Flanders LLP in Providence, says while noncompete agreements have been overused, the Federal Trade Commission’s decision to ban most noncompetes was an administrative “overreach.”
PBN PHOTO/MICHAEL SALERNO

Noncompete pacts banned by FTC, but for how long?

The Federal Trade Commission may have banned most forms of noncompete agreements between employers and employees, but it’s unclear whether the ruling will survive...

U.S. sues to block merger of grocery giants Kroger and Albertsons

The Federal Trade Commission sued to block a proposed merger between grocery giants Kroger and Albertsons, the parent company of Shaw’s and Star Markets, saying...

Rite Aid banned from facial recognition tech use for 5 years...

Rite Aid has been banned from using facial recognition technology for five years over allegations that its surveillance system was used incorrectly to identify...

Amazon sued by FTC and 17 states over allegations it...

Amazon is being sued by U.S. regulators and 17 states, including Rhode Island, over allegations that the company abuses its position in the marketplace...

R.I. urges rejection of grocery chains merger

PROVIDENCE – Rhode Island is among seven states urging U.S. antitrust enforcers to stop Kroger's proposed $24.6 billion acquisition of Albertsons, Reuters News reported.  R.I....
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