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Peter Welch: “The FTC brought an administrative complaint against the…”

Featuring: Peter Welch, Democratic | U.S. Senate, Vermont

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Senate Hearing on Antitrust Issues and FTC Concerns with Senator Lee and Senator Booker

Published | Video Starts at 02:06

You know, we had with this FTC in 2022, they stopped consolidation of Kroger and Albertsons, which most economists thought was going to raise food prices for those folks in Utah and those folks in Vermont. They The FTC brought an administrative complaint against the prescription benefit managers. And it's such a rip off what's happening to everyday consumers and employers, by the way, who pay a lot of money for employer sponsored health care. (02:06–02:12)

CLAIM

Asserts that the FTC took action against prescription benefit managers.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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