Drug Price Probe Faces Retail Drugstore Backlash
A Senate anti trust subcommittee chaired by Estes Kefauver plans a broad probe into high drug prices. Retail druggists resist, claiming the inquiry targets fair trade laws and may threaten pricing protections long sought by independents. The FTC already investigates antibiotic price fixing as Kefauver vows to widen hearings to vaccines steroids and vitamins.
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Estes Kefauver
Senate
America
Federal Trade Commission
Kefauver
Lawmaker Hints At Year-End Congressional Action
The official notes that while a precise date isn’t given, the measure will be scheduled this year within the current Congress session. He emphasizes it will occur during the ongoing session rather than as a later agenda item.
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Congress
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