Merck Sues Government, Saying Plan to Lower Medicare Drug Prices Is "Extortion"
Briefly

The company claims that the plan to allow Medicare to negotiate drug prices violates the First and Fifth Amendments.A Merck flag flies in front of the company's building on October 2, 2013, in Summit, New Jersey.Kena Betancur / Getty Images Merck announced on Tuesday that it is suing the government over a recently approved plan to allow Medicare to negotiate prescription drug prices, aiming to stop one of the nation's first efforts to take a small step toward lowering sky-high drug prices in the U.S.
The lawsuit, filed in a federal court in Washington on Tuesday, claims that the plan is unconstitutional and calls it a "sham" and "tantamount to extortion."
Read at Truthout
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