Hi,

Two Big Pharma giants are trying to merge. The $28 billion deal between
Amgen and Horizon Therapeutics^1 would mark one of the biggest pharma
mergers in recent history. Both companies have also been accused of price
gouging — together, they’d have even more power to manipulate the
market.^2,3

It’s critical that Congress and federal regulators investigate giant
corporate mergers and enforce federal antitrust laws. If not, consumers
will suffer price hikes — in this case, even higher costs for prescription
drugs and health care.

[ [link removed] ]Sign the petition to Congress and federal regulators: Stop any
corporate mergers that break antitrust laws. We rely on you to protect
consumers from anti-competitive business practices.

ADD YOUR NAME

It’s not just Amgen and Horizon — America’s biggest corporations are
trying to get even bigger. That’s bad for consumers, public health, and
innovation.

Amazon is attempting to acquire One Medical for $3.9 billion,^4 a move
that would help Amazon on its path towards becoming a health care
monopoly. Facebook’s parent, Meta, is trying to acquire a prominent VR
company.^5 Two major railroad companies are trying to merge for $27
billion, continuing consolidation in the railroad industry that the
Department of Justice (DOJ) has called seriously concerning.^6

This is not an extensive list, just some examples of the attempts by
corporate giants to consolidate their power. But we have federal antitrust
laws to protect competition and to protect consumers from worse products
for higher prices. Our elected leaders and regulatory agencies must do
everything in their power to more frequently and forcefully scrutinize
and, when necessary, block these mergers.

[ [link removed] ]Urge Congress, the Federal Trade Commission, and DOJ to uphold
antitrust laws to stop runaway corporate power.

Thanks for taking action,

Tihi and the team at Demand Progress

[ [link removed] ]DONATE

Sources:

 1. Wall Street Journal, "Amgen Agrees to Acquire Horizon Therapeutics for
$27.8 Billion," [ [link removed] ]December 12, 2022.
 2. Motley Fool, "Congressional Committee Accuses Amgen and Peers of
Hiking Drug Prices to Meet 'Aggressive' Revenue Targets," [ [link removed] ]October
2, 2020.
 3. Fierce Pharma, "Horizon's faced repeated price-hike criticism, but
Vimovo just got its 11th raise—to almost $3,000," [ [link removed] ]February 15,
2018.
 4. New York Times, "Amazon to acquire One Medical clinics in latest push
into health care," [ [link removed] ]July 21, 2022.
 5. Federal Trade Commission, "FTC Seeks to Block Virtual Reality Giant
Meta’s Acquisition of Popular App Creator Within," [ [link removed] ]July 27, 2022.
 6. Iowa Public Radio, "Department of Justice has 'serious concerns' about
Canadian Pacific-Kansas City Southern merger," [ [link removed] ]January 26, 2023.
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