U.S. doctor’s group opposes merger of CVS and Aetna

WASHINGTON (Reuters) – The American Medical Association, which represents U.S. physicians, urged the U.S. Justice Department on Wednesday to stop CVS Health Corp’s (CVS.N) plan to buy insurance provider Aetna Inc (AET.N), saying the deal could result in higher prices for prescription medicines.

FILE PHOTO A logo of CVS Health is displayed on a monitor above the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., December 5, 2017. REUTERS/Lucas Jackson/File Photo

The AMA said that the $69 billion deal, announced in December, would lead to a…

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