Henry Schein, Patterson, and Benco have allegedly been fixing prices for years according to court documents, and dentists are finally taking notice. Clinicians across the country are suing these companies for colluding to squash smaller supply vendors and keep prices high. These marked up prices may have cost dental clinics tremendously, and could be making worse the financial pressure that practices are already facing. Based on numbers in court papers, it’s possible that they owe more than $2 billion to dentists in the US.
An update on the lawsuit is available here.
A post on the more recent, related FTC complaint is available here.