FTC, New York Sue Martin Shkreli For Alleged Illegal Drug Monopoly

The transcript discusses a lawsuit against Martin Shkreli and his company for monopolizing the drug Daraprim. Shkreli, known for raising the drug's price significantly, faces legal actions to ban him from the pharmaceutical industry. The lawsuit also targets Kevin Mulleady and alleges illegal steps to block competition. New York Attorney General Letitia James condemns the market manipulation, while Shkreli's lawyer defends against the FTC's claims.

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