Attorney General Kaul Announces $102.5 Million Settlement with Suboxone Maker for Alleged Illegal Monopoly Tactics
June 2, 2023
MADISON, Wis. – Wisconsin Attorney General Josh Kaul announced that 42 states, led by Wisconsin Department of Justice, have negotiated a nationwide $102.5 million settlement with the maker of Suboxone, Indivior Inc. Wisconsin will receive about $7.5 million from the settlement.
“I’m proud that Wisconsin DOJ led this significant multistate effort and is bringing this case to a successful conclusion,” said Attorney General Kaul. “However long it takes, we will continue to hold companies accountable for alleged anticompetitive activities.”
The agreement, which will be submitted to the court in the Eastern District of Pennsylvania for approval, requires Indivior to pay the states $102.5 million. Indivior is also required to comply with negotiated injunctive terms that include disclosures to the States of all citizen petitions to the FDA, introduction of new products, or if there is a change in corporate control, which will help the States ensure that Indivior refrains from engaging in the same kind of conduct alleged in the complaint.
Wisconsin’s Assistant Attorney General for Antitrust, Gwendolyn Lindsay Cooley, is the lead attorney for the forty-two States, including Alabama, Alaska, Arkansas, California, Colorado, District of Columbia, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Utah, Vermont, Virginia, Washington, and West Virginia.
Because, under Wis. Stat § 133.17(1), the Wisconsin Department of Justice has the same authority that district attorneys have when prosecuting antitrust violations, the requirements of 2017 Wisconsin Act 369 do not apply.
View the press release on the Wisconsin DOJ website here.
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.
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