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FTC Slams Invibios PEEK Implant Business Practices. Alleges Monopolistic Practices
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Invibio was the first provider of PEEK to obtain an FDA Master File. The product was a game changer. According to the FTC, the company then tried to create a monopoly by locking up customers with exclusivity contracts. When competitors tried to enter, they were blocked. The FTC filed a lawsuit. The company agreed to a Consent Decreed. Will the monopoly end?
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