Today, Federal Trade Commission Chair Lina M. Khan announced that an open meeting of the Commission will be held virtually on Thursday, August 1, 2024. The meeting will commence at 10 a.m. ET and will begin with time for members of the public to address the Commission.
The tentative agenda for the August 1 Commission meeting includes:
Business Before the Commission:
Pharmacy Benefit Managers Report: Staff from the Office of Policy Planning will present an Interim Report on Pharmacy Benefit Managers (PBMs). This report is part of the FTC’s ongoing study of PBMs and explores their potential impact on access and affordability of medicines. It examines how increasing vertical integration and concentration may have enabled PBMs to inflate drug costs and squeeze Main Street pharmacies.
Presentation on Military Consumer Protection: To close out Military Consumer Month, staff from the Bureau of Consumer Protection’s Division of Consumer and Business Education will provide a presentation on the FTC’s work to protect servicemembers, veterans, and their families. It will address the FTC’s consumer outreach and education efforts, network of partnerships with military organizations, and recent enforcement work.
At the start of the meeting, Chair Khan will offer brief remarks before inviting members of the public to share feedback on the Commission’s work generally and bring relevant matters to its attention. Members of the public must sign up for an opportunity to address the Commission virtually at the August 1 event.
Each commenter will be given two minutes to share their comments. Those who cannot participate during the event may submit written comments or a link to a prerecorded video through a webform. Speaker registration and comment submission will be available through Tuesday, July 30, 2024 at 8 p.m. ET.
A link to view the meeting will be available on FTC.gov shortly before it starts on the day of the event. The event will be recorded, and both webcast and related comments will be accessible on the Commission’s website after the meeting. The Commission retains discretion to make public comments available following the event on FTC.gov.
The Federal Trade Commission works to promote competition, protect consumers, and educate them about their rights. The FTC advises that it never demands money, makes threats, tells you to transfer money, or promises prizes. More information about consumer topics can be found online at ReportFraud.ftc.gov. Follow the FTC on social media or subscribe to press releases for updates.
