U.S. Federal Trade Commission Judge Dismisses Claims Against Henry Schein
October 16 2019 - 12:34PM
Business Wire
Henry Schein, Inc. (Nasdaq:HSIC) issued the following statement
in response to a ruling released today by D. Michael Chappell, the
Chief Administrative Law Judge of the U.S. Federal Trade Commission
(link to decision), who dismissed claims that Henry Schein
conspired with competitors to avoid providing discounts to, or to
otherwise serve, buying groups representing dental
practitioners.
“We have publicly denied these allegations from the very start
of this matter,” said Stanley M. Bergman, Chairman of the Board and
Chief Executive Officer, Henry Schein, Inc. “Henry Schein has
always been committed to doing business in an ethical manner
wherever we operate, and our team looks forward to continuing to
serve our customers and suppliers with the excellence that is
expected from us.”
About Henry Schein, Inc.
Henry Schein, Inc. (Nasdaq:HSIC) is a solutions company for
health care professionals powered by a network of people and
technology. With approximately 19,000 Team Schein Members
worldwide, the Company's network of trusted advisors provides more
than 1 million customers globally with more than 300 valued
solutions that improve operational success and clinical outcomes.
Our Business, Clinical, Technology, and Supply Chain solutions help
office-based dental and medical practitioners work more efficiently
so they can provide quality care more effectively. These solutions
also support dental laboratories, government and institutional
health care clinics, as well as other alternate care sites.
Henry Schein operates through a centralized and automated
distribution network, with a selection of more than 120,000 branded
products and Henry Schein private-brand products in stock, as well
as more than 180,000 additional products available as special-order
items.
A FORTUNE 500 Company and a member of the S&P 500® and the
Nasdaq 100® indexes, Henry Schein is headquartered in Melville,
N.Y., and has operations or affiliates in 32 countries. The
Company's sales from continuing operations reached $9.4 billion in
2018, and have grown at a compound annual rate of approximately 13
percent since Henry Schein became a public company in 1995.
For more information, visit Henry Schein at www.henryschein.com,
Facebook.com/HenrySchein, and @HenrySchein on Twitter.
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version on businesswire.com: https://www.businesswire.com/news/home/20191016005735/en/
Ann Marie Gothard Vice President, Corporate Media Relations
Annmarie.gothard@henryschein.com (631) 390-8169
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