It is right there, in the link I provided. Sorry it was not evident. https://www.ftc.gov/system/files/documents/cases/865_2022.01.14_opinion_and_order.pdf
That is 135 pages, what is the TL;DR:? Edit: "the Plaintiffs carried their burden to establish that Shkreli violated federal and state laws that ban anticompetitive conduct." "violations of §§ 1 and 2 of the Sherman Act, 15 U.S.C. §§ 1-2, § 5(a) of the FTC Act, 15 U.S.C. § 45(a), and various state statutes.2" So the charge was anticompetitive conduct. Seriously, which CEO likes competition?
Pharma bro manipulated his patented drug availability to the generic drug makers by raising the price so high, they could not competitively obtain the essential ingredient for FDA approval to be able to fairly compete in the same market. He at the same time passed this cost along to the consumers of said drug. Generic drug makers, who wish to make the drug cheaply, have to obtain that essential ingredient from the pharma bro. But he raised the price so high, it became untenable. Does that sum it up for you? I believe it is page 6 of that document that gives the general overview, and then page 16 gets a bit deeper.
Beautifully, you are a doll. Speaking of dolls, that reminds me of Disney. When a bunch of Disney characters were reaching the age of 50 since their creation, so generic film makers could use them for free, Disney the company lobbied Congress and got an extension of another 20 years. IIRC. (I maybe off a bit with the years, but the gist of the story is the important part) That was exactly what Shkreli did, but I don't see Disney giving back 3 gazilion dollars. Edit:"Since the 1976 win, Disney continued lobbying activities to influence copyright law. ... Detractors to this act called it “The Mickey Mouse Protection Act.” This revision allowed copyrights to last the author's lifetime, plus 70 years." "They lobbied Congress again and the Copyright Term Extension Act of 1998 was born, dubbed the “Mickey Mouse Protection Act.” That law was what extended the copyright protection to 95 years, pushing the deadline back to 2024. If Disney wants to, they can attempt this strategy again before 2024 comes around."
Yep, like I said, Big Pharma has to have their occasional scapegoats and sacrificial lambs (to use another Biblical example) to give the impression they punish the bad guys. Well, maybe they punish a few, but not the biggest players.
I quit paying my last health insurance as it was too expensive to justify... very little return. Now you know why the cost is so prohibitly expensive.
Oh, this is a tiny drop in the bucket. Fraud, people going to the doctor every time they sneeze ("cause it's only a small co-pay!"), a terribly inefficient byzantine system involving the government and 3rd parties, etc. I won't even go into a very unhealthy population who think it's fine to weigh 300 pounds and be confined to a scooter at age 55--as long as you get all your meds, jabs and surgeries.
I don't think he can afford crack at American prices, he looks like Moses's grandson talking about how Mu se parted the red sea by shaking his ass...LOL...the crack was open so the Hebrews could walk through...