New Jersey Acting Attorney General Jennifer Davenport, alongside 42 states and territories, filed a multistate complaint against Novartis AG and its subsidiaries Sandoz AG and Sandoz Group AG alleging a conspiracy to fix prices, allocate markets, and rig bids for 31 generic drugs, inflating costs for consumers and public healthcare programs. The complaint also alleges Novartis fraudulently spun off Sandoz to shield itself from liability for prior antitrust violations. This action builds on evidence from three previous multistate generic drug price-fixing complaints.
Entity
Novartis AG, Sandoz AG, Sandoz Group AG
Industry
HealthcareOfficial Press Release
https://www.njoag.gov/acting-ag-davenport-files-multistate-complaint-against-novartis-and-sandoz-alleging-prescription-drug-price-fixing/
2026 0203 Novartis Complaint Bates Stamped
http://www.njoag.gov/wp-content/uploads/2026/02/2026-0203_Novartis-Complaint-Bates-Stamped.pdf
GDMS First Amended Complaint
https://nj.gov/oag/newsreleases17/GDMS-First-Amended-Complaint.pdf
Complaint
https://www.nj.gov/oag/newsreleases19/Complaint.pdf
New Jersey Attorney General Enforcement Page
https://www.njoag.gov/about/divisions-and-offices/division-of-consumer-affairs/
"against Novartis AG and its generic subsidiaries Sandoz AG and Sandoz Group AG"
"For Immediate Release: February 3, 2026"
"New Jersey filed a multistate complaint"
"multistate complaint with 42 states and territories"
"federal and state antitrust law"
"New Jersey Consumer Fraud Act"
A bipartisan coalition of state attorneys general led by New Jersey, California, Colorado, and Kentucky is taking Meta Platforms, Inc. to trial, alleging that Meta designed addictive features on Instagram and Facebook that harm minors' mental health, illegally collected data from children under 13 without the required protections under COPPA, and misled users about platform safety. Opening arguments begin August 18, 2026, in the U.S. District Court for the Northern District of California. No monetary penalty or final remedy has yet been imposed.
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$400.0M
Attorney General Jennifer Davenport joined a coalition of 43 states and territories in announcing a $400 million settlement in principle with Sandoz Inc. to resolve allegations of widespread price-fixing and anticompetitive conduct in the generic drug market. Sandoz will pay approximately $469 million total including prior settlements, and has agreed to internal reforms to ensure fair competition.
Press release announcing that Governor Mikie Sherrill will nominate consumer protection expert Christopher L. Peterson to serve as Director of the New Jersey Division of Consumer Affairs. Peterson is a former senior CFPB official and legal scholar. No enforcement action or privacy violation is described.
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