US court nixes drug maker price disclosure

News Corporation

18 June 2020 - A US court has ruled against a move by President Donald Trump's administration to try to bring down the cost of prescription medicines.

In a major legal setback for US President Donald Trump on a high-profile consumer issue, a federal appeals court has ruled that his administration lacks the legal authority to force drug companies to disclose prices in their TV ads.

The ruling denies Trump a win on a major re-election priority for the White House of bringing down the cost of prescription medicines.

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Michael Wonder

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Michael Wonder