Walgreens settles New York charges it inflated prices of infant formula
In this article:
NEW YORK, March 11 (Reuters) - Walgreens has settled charges by New York Attorney General Letitia James that the pharmacy chain grossly inflated prices on at least 20 infant formula products in 2022 after a recall by Abbott Labs led to a nationwide shortage.
Walgreens did not admit or deny wrongdoing in entering an assurance of discontinuance dated March 7 and made public on Monday. (Reporting by Jonathan Stempel in New York Editing by Chris Reese)
