"Spread Pricing" transparency reveals the millions CVS rakes in by gouging Medicare and prisons on prescription markups

CVS isn't just in the business of operating retail pharmacies: equally important is its prescription administration services, where it buys drugs from independent pharmacies, marks them up, and sells them to government-run programs like Medicare and prisons, using "spread pricing" to determine the markup that it applies to generic drugs. Read the rest

America's large hospital chains will start manufacturing generic drugs in order to beat shkrelic price-gouging

Hospital chain Intermountain Healthcare is leading a industry consortium representing 450 hospitals in total in an initiative to manufacture their own generic drugs, either directly or through subcontractors. Read the rest

2018: the year that America's ISPs hiked their prices

Comcast, Fox and Frontier have all announced across-the-board price hikes that affect modems, streaming services, and internet service itself. Read the rest

Web companies can track you -- and price-gouge you -- based on your battery life

In Online tracking: A 1-million-site measurement and analysis, eminent Princeton security researchers Steven Englehardt and Arvind Narayanan document the use of device battery levels -- accessible both through mobile platform APIs and HTML5 calls -- to track and identify users who are blocking cookies and other methods of tracking. Read the rest

Movie tickets are at an all-time high

The average price of a US movie ticket hit $8.72 during 2016's second quarter, the highest they've ever been -- in possibly related news, ticket sales were down 9.5% in the same period. Read the rest

Epipens have more than quintupled in price since 2004

Epipens -- self-injection sticks carried by people with deadly allergies, which have to be replaced twice a year -- were developed by NASA at taxpayer expense, were patented by a government scientist who receives no royalties, require no marketing, and have gone from as little as $60 each to up to $606 in a few short years (during which time the company has switched to selling them exclusively in two-packs). Read the rest