Penalty Amount
$400,000,000
Oregon and 42 other states and territories announced a $400 million settlement with Sandoz over allegations that it conspired with other drug companies to raise prices and limit competition for generic medications. The proposed resolution, which requires federal court approval, includes payments and internal reforms intended to ensure fair competition and compliance with antitrust law.
Under the proposed settlement, Sandoz would pay $400 million, including funds for eligible consumers, and make internal reforms to promote fair competition and compliance with antitrust law. The settlement is subject to federal court approval.
Review vendor, distributor, supplier, and customer agreements for terms that could facilitate coordinated pricing, customer or territory allocation, or restrictions on competition, including exclusivity, most-favored-nation, pricing coordination, and information-sharing provisions. Add or strengthen antitrust compliance representations, restrictions on sharing competitively sensitive information, training and audit obligations, and termination rights for violations. This release does not describe a privacy enforcement action, so it does not itself indicate a need to revise privacy notices, data-processing terms, consent provisions, or breach-notification clauses.
Entity
Sandoz
Industry
OtherOfficial Press Release
https://www.doj.state.or.us/media-home/news-media-releases/ag-rayfield-holds-drug-company-accountable-for-driving-up-medication-costs/
10 1 26 Sandoz compressed
https://www.doj.state.or.us/wp-content/uploads/2026/10/10-1-26-Sandoz-compressed.pdf
Sandoz Allocation 10 1 2026
https://www.doj.state.or.us/wp-content/uploads/2026/10/Sandoz-Allocation-10-1-2026.pdf
Oregon Attorney General Enforcement Page
https://www.doj.state.or.us/consumer-protection/
"settlement with generic drug maker Sandoz"
"Sandoz would pay $400 million"
"follows antitrust law"
"Sandoz worked with other drug companies to push up prices and shut out competition on dozens of common generic medications"
"October 1, 2026"
"the result of allegations made by Oregon and 42 other states and territories"
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