FTC Chairwoman Lina Khan faces ethics complaint over alleged bias against pharmacy benefit managers

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FTC Chairwoman Lina Khan faces ethics complaint over alleged bias against pharmacy benefit managers
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EXCLUSIVE — Federal Trade Commission Chairwoman Lina Khan could face a possible ethics inquiry over allegations she violated the agency’s ethics rules by cracking down on pharmaceutical benefit managers while publicly positioning herself against the healthcare companies.

The American Accountability Foundation submitted a Freedom of Information Act request to the FTC on Wednesday, seeking access to all communications between Khan and other agency staff related to PBMs, the National Community Pharmacists Association, and other drug manufacturers, according to a copy of the request obtained by the Washington Examiner.

The FTC voted in July to walk back its stance on PBMs, noting its previous guidance to relax oversight no longer reflects current market guidelines. The new stance warns against relying on advocacy letters published between 2004 and 2014 that opposed mandatory transparency policies and regulatory measures for benefit managers.

Many thanks to @Commpharmacy for the invitation and thoughtful discussion. Addressing unlawful business practices that are depriving Americans of affordable medicines and impeding fair competition is a top priority. https://t.co/ExlqVjpgHe“The FTC’s overreach isn’t just inappropriate. It will raise drug costs for every American,” said former Rep. Ryan Costello, who served on the House Oversight Committee from 2017 to 2019.

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