Three companies file lawsuits after Tennessee Gov. Lee signs ‘Fair Rx Act’ bill

Three companies, including CVS, have filed lawsuits challenging Tennessee Gov. Bill Lee's 'Fair Rx Act,' which restricts companies from owning pharmacies, pharmacy benefit managers, and insurers starting July 1, 2028. Supporters argue the law limits corporate control in the prescription drug system, while CVS claims it will close 134 pharmacies, increase drug costs, and violate the Dormant Commerce Clause by targeting out-of-state businesses.