CAMP HILL, Pa. (FNS) -- Supermarket pharmacists fear Rite Aid's proposed acquisition of PCS Health Systems, Scottsdale, Ariz., could lead to anticompetitive practices that would give the drug chain a huge market advantage at the expense of other retailers, including supermarkets. The $1.5 billion deal between Rite Aid here and Eli Lilly & Co., Indianapolis, which owns PCS, is tentatively scheduled to close Jan. 29. "I wonder whether safeguards would be put in place to prevent Rite ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.