They are middlemen, and adtech is bloated with middlemen it does not need.
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Middlemen repackage "inventory" (as ad slots are known in the business), then sell it to other middlemen.
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Cut out middlemen like these guys Cut out middlemen like these guys Digital-first (and sometimes digital-only) brands can benefit from nimble supply chain maneuvering.
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Meanwhile, the share retained by supply chain middlemen – i.e.
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Go deeper: States are the new battleground for drug middlemen
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"We've cut out a bunch of the middlemen," he says.
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I think email just cuts out all of these middlemen.
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"Alright… HEY THERE ALL YOU MIDDLEMEN…" Could've been the intro.
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Rebates between drug manufacturers and middlemen are not public information.
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It is true such middlemen make the system incredibly messy.
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Read MoreWhen crude is far cheaper than gasoline, middlemen win
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These higher fees, in turn, attracted more sophisticated Chinese middlemen.
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The big picture: Pharmacy benefit managers, or PBMs, are middlemen.
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With no publisher middlemen, access is completely free for all.
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The internet was supposed to pull down gatekeepers and middlemen.
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Regional sports networks are effectively the middlemen of sports rights.
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The fear is that Amazon will somehow cut out the middlemen.
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Eventually, Hansmeier and Steele realized they could cut out the middlemen.
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Second, blackballed countries and unscrupulous middlemen are getting better at evasion.
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Go deeper: States are the new battleground for drug price middlemen
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Few would lament it in the case of health-care middlemen.
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With no publisher middlemen, access will be completely free for all.
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We cut out the middlemen, so we do it for less.
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It's easier if the money is delivered by middlemen, he said.
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Some, like the middlemen who negotiate drug prices, could be eliminated.
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In some ways, these donor-advised fund are the ultimate middlemen.
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And a lot of the subsidy just gets lost to middlemen.
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A.T.F. agents concealed the scheme using phony shipping documents and middlemen.
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America simply doesn't need middlemen driving up the cost of medications.
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If you already knew about the rise of the middlemen, you're
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But remember, in this scenario, there are no banks or middlemen.
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Those wallet-service middlemen become points of failure for the whole system.
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Layers of middlemen also clog the supply chain and take their cuts.
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Miners, some of them working legally, typically sell the gold to middlemen.
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Gulam Mohiuddin Chandiwala has been one of these middlemen since September 2016.
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The middlemen usually come from the same ethnic group as the migrants.
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The PBMs, which serve as middlemen between drugmakers and insurers, were opposed.
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How easy was it for middlemen to get under-18 kids moved?
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Cutting out the middlemen saves consumers lots of cash, say the founders.
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He got his verifications through the formal processes, without paying any middlemen.
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There are even more middlemen involved if you purchase from a retailer.
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Marketing is expensive so Ali Abdullah wants to cut out the middlemen.
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The big tech companies are the new middlemen of commerce and communication.
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The Trump administration calls this a "hidden system of kickbacks to middlemen".
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Companies like Prosper and LendingClub act as the middlemen between the two.
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Bottom line, PBMs are middlemen who strike deals with drugmakers in secret.
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VIP punters are typically brought in by middlemen known as junket companies.
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Pharmacy benefits managers, or PBMs, get paid to be the ultimate middlemen.
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Might they, the middlemen and middlewomen, one day be cut out altogether?
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Friendly lawyers, banks and middlemen were on hand to park the loot.
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These middlemen purchase drugs on behalf of companies, unions and insurance companies.
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You can't beat the arithmetic of saving more by paying middlemen less.
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Turchynov would send the stolen press releases to eggPLC and two other Moscow-based middlemen, who would pass them on to traders; the hackers would take a 40 percent cut of profits, and the middlemen took 0003 percent.
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The big picture: The companies say the hikes cover rebates paid to middlemen.
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We keep mentioning "middlemen" as part of the complex, expensive drug supply chain.
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She said she was "frustrated" and said middlemen added to the ultimate cost.
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The NCA expects more use of the dark web to cut out middlemen.
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Meanwhile, intermediaries make a lot of money just by acting as the middlemen.
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O. Clearing houses act as a middlemen between the parties to futures transactions.
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None of the middlemen would be needed, and payments could happen much faster.
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Decoupling doesn't subtract middlemen but still results in lower costs to the consumer.
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These middlemen sit between buyers and sellers, holding collateral lest either side default.
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Distributors are wholesalers that work as middlemen between manufacturers and hospitals and pharmacies.
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Instead, their harvest goes through several layers of middlemen before arriving at markets.
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It's especially concerning because these companies don't actually produce anything themselves; they're middlemen.
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That news caused widespread damage to drug middlemen stocks earlier in the day.
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Also, middlemen encouraging insurers to keep consumers from meeting their deductibles on medication.
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Unlike competitors such as NoBroker, which disintermediate middlemen entirely, Doorkeys is pro broker.
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That means, among other things, that the company operates with far fewer middlemen.
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I continue to largely ignore the indirect Facebook messages I receive via middlemen.
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Today wires work as floral brokers, middlemen between the florist and the consumer.
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Some even sell their homes to pay middlemen, who disappear with the cash.
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Pharmacy benefit managers (PBMs) are essentially middlemen — companies that administer prescription drug coverage.
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In all those cases, a big chunk of the transaction is captured by middlemen.
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Just how big a discount governments, insurers and other middlemen can secure is confidential.
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That could undercut the industry's "middlemen," from health insurers to pharmacies and benefits managers.
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About 200 women pass through each day, five of the middlemen told The Guardian.
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In Icaria there are no domestic servants, cops, informants, middlemen, soldiers, gunsmiths, or bankers.
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In that vein, Blue Apron works directly with farmers and cuts out the middlemen.
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"I want to make sure people are not being exploited by middlemen," she said.
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The company greatly cuts the number of middlemen as you directly order green beans.
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In Iraq it has used middlemen to buy farms, car-dealerships, hotels and hospitals.
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Between 5603,000 and 100,000 smallholders sold their green pods to middlemen known as "collectors".
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The result should be that middlemen pass more of the benefits to their customers.
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The big picture: Drug pricing middlemen are paying Walgreens' pharmacies less to dispense prescriptions.
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Future products could remove costs related to financial middlemen or generate new revenue streams.
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Even though these middlemen produce nothing but take billions in profit from the system.
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The agricultural supply chain is rife with middlemen and hindered by an arcane bureaucracy.
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Instead, they blamed middlemen for pocketing discounts instead of passing them along to patients.
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VIP players are brought in by commission earning junket operators who act as middlemen.
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In the past, Treasury hit Mahan's middlemen who helped it buy aircraft and parts.
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These entrepreneurs buy data capacity from fixed broadband providers, passing through many middlemen first.
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The publicity-shy middlemen have been caught out by the pressures to improve transparency.
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In so doing, they will be cutting out the middlemen — primarily the investment bankers.
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This move cuts out middlemen in the supply chain that can drive up prices.
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PBMs are hired to administer prescription drug benefits, but these middlemen face little accountability.
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When it comes to a media bidding war, it's good to be the middlemen.
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Italian prosecutors have charged that much of the money went to pay off middlemen.
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Soccer's middlemen were keen to seek him out, and he was happy to oblige.
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Around 20 people are now under investigation, including suspected thieves, dealers, middlemen and collectors.
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Moreover, middlemen are hogging a bigger and bigger percentage of the drug-spending pie.
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It owned 70 factories and eliminated middlemen, which allowed it to keep costs down.
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"After going abroad, you can see that the middlemen are not exaggerating," she said.
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Wall Street's middlemen are being squeezed on all sides in the current market moment.
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Relationships with wholesalers and middlemen with ties in China can yield shipments of goods.
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Sometimes, the middlemen pocketed two-thirds of the women's pay and deducted transportation costs.
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Then, that it's the middlemen, like pharmacy benefit managers, who drive up drug prices.
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It is also exploring ways to reduce the number of middlemen for some products.
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Instead, wealth is being routed to large middlemen, national monopolies, property owners and shareholders.
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Or maybe it would remove needed competition and allow middlemen to raise your prices.
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These middlemen hand out the wages, keeping a handsome share for themselves, migrants say.
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Enthusiasts believe these decentralized, cryptographically sealed databases could starve inefficient middlemen from virtually any system.
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Also on the charge sheet are several middlemen, Mr Etete and Eni and Shell themselves.
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By selling directly to users, dealers are slashing risk, cutting middlemen and boosting profit margins.
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Their report says that middlemen selling gold to the refineries are linked to Congolese smugglers.
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For decades ADM, Bunge, Cargill and Louis Dreyfus—the ABCDs of agribusiness—were unavoidable middlemen.
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Most gets paid as fees and rebates to a long series of drug-system middlemen.
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Typically, hospitals buy supplies in bulk through a series of middlemen and long-standing relationships.
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At the same time, the "middlemen," as President Trump calls them, are making more money.
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Farm-to-Table was just getting rolling, and chefs were thrilled to skip the middlemen.
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PBMs, sometimes referred to as "middlemen," negotiate discounts with manufacturers for insurance plans and employers.
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In terms of developing a meaningful connection with fans without the need for industry middlemen?
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Others are placing ads directly on Google and Facebook, cutting out the middlemen advertising groups.
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Airbus also faces outside investigations led by France and Britain over the use of middlemen.
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However, prices of rice have not budged, a situation largely blamed on hoarding by middlemen.
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Cutting out the middlemen also means that Tabis and Montufar can significantly cut down costs.
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He helps the companies, sometimes derided as middlemen who don't add value, navigate Washington policymaking.
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Some waitlisted patients, in desperation, seek the services of middlemen to arrange organs for money.
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In China, such middlemen have played an invaluable, if sometimes dubious, role for overseas companies.
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The spread between those figures essentially is the profit that PBMs and other middlemen collect.
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First, they established themselves as middlemen between the old Soviet steel plants and global markets.
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Some of those middlemen used their profits to finance a political party loyal to Moscow.
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There are bargaining tools that some companies could employ to make owning the middlemen worthwhile.
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High-frequency traders, acting as middlemen, are involved in half of the daily trading volumes.
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Hers is a model that cuts out the middlemen and, in so doing, lowers prices.
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Behind the scenes, MedMen also grows its own weed, cutting out the middlemen where possible.
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While the administration has embraced PBMs, the middlemen in the drug supply chain remain its sights.
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The middlemen: Advertising agencies have traditionally been represented by the American Association of Advertising Agencies (4As).
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A new ecosystem of middlemen is emerging to match new hardware to industries that might benefit.
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This could eliminate many of the slower technologies and expensive middlemen that clog up today's markets.
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Driving the news: It has not been a fun few weeks for the drug pricing middlemen.
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Several hundred collectors multiplied into thousands of middlemen frantically buying and selling, often to each other.
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The higher commissions on offer for such risky transactions simply attract more capable middlemen, he adds.
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Surprisingly, the worst offenders are not pharmaceutical firms but an army of corporate health-care middlemen.
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PBMs, along with other so-called "middlemen" in healthcare, have been blamed for rising healthcare costs.
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|
But often, there are even more middlemen, with money moving along complex chains of third parties.
|
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Drug companies blame pharmacy benefit managers, sometimes called "middlemen," for the sticker shock some patients see.
|
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As we reported, this data trickles down a series of increasingly obscure middlemen and data aggregators.
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Whoever those middlemen were — and a lot of people never even figured it out — they're rich.
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But because of large cuts taken by middlemen, consumers have not benefited from the low prices.
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Right now, middlemen are earning staggering profits by diverting discounts away from the most vulnerable patients.
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Pharmacy middlemen play a significant role in determining the prices patients pay at the pharmacy counter.
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These middlemen were crucial: They filled an essential intermediary role, turning raw materials into finished goods.
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PBMs serve as the middlemen in drug pricing system, by making deals with manufacturers and pharmacies.
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Whoever those middlemen were, and a lot of people never even figured it out, they're rich.
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Legitimate manufacturers have unwittingly been used to provide North Korea with components through middlemen, Park said.
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ICOs let companies raise money by going straight to investors and avoiding regulators and other middlemen.
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Startups cut out middlemen, build direct relationships, and pass the savings on to increasingly savvy customers.
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"There are too many middlemen and they've been eating the cake," General Manager Ryan Skeggs said.
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Instead, as the world digitized, we just got new gatekeepers, new middlemen, and new hangers-on.
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Investigators later uncovered payments of millions to middlemen around the world who helped Walmart obtain permits.
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Many of these middlemen stay on the right side of the law, offering advice and connections.
|
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Sanctions ultimately attract more capable middlemen driven by the prospect of greater incentives, according to Park.
|
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The role of banks as middlemen in the bond market has diminished since the financial crisis.
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They blame "middlemen" — insurers and pharmacy benefit managers — for the high costs that consumers often incur.
|
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The internet and social media has made middlemen retailers like Opening Ceremony irrelevant as a marketplace.
|
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Drugmakers say these middlemen want higher drug prices so they can squeeze higher profits from rebates.
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At one point, his mind drifted to the various funds and middlemen implicated in the match.
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Sometimes eliminate some of those middlemen in certain areas where they were just booming the cost.
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But governments can deter the complicit middlemen — the data brokers with little security and fewer scruples.
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Read says that having websites that act as middlemen and authenticators makes the whole process longer.
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At least seven Indian export houses — middlemen between local embroidery factories and international brands — also joined.
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Such payments are being investigated in the investigation over Airbus's use of middlemen in foreign deals.
|
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U.S. President Donald Trump has blasted drugmakers and healthcare "middlemen" for making prescription medicines unaffordable for Americans.
|
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Audius wants to cut the middlemen out of music streaming so artists get paid their fair share.
|
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Mylan CEO Heather Bresch told CNBC that $274 of its $600 EpiPen price tag goes to middlemen.
|
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Her prominence in the indictment against Giuliani's Ukraine middlemen makes her possible testimony that much more interesting.
|
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Some developing countries are even establishing themselves as educational middlemen: importers as well as exporters of talent.
|
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Others work through middlemen or operate on a cash basis to avoid the eyes of Chinese regulators.
|
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Today, those middlemen take between 2003 percent to 70 percent out of the sales of goods there.
|
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Cutting out middlemen, fighting entrenched legislation and established players, leveraging instant connectivity, these are all great things.
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The initial traffickers are often Vietnamese Hmong, who pass the girls along to Chinese Hmong—basically middlemen.
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"Cats know that people act as middlemen to God's will," says one Istanbul resident in the film.
|
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Junkets are middlemen who bring high rollers to play, extending them credit and collecting on their debts.
|
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Some will blame new regulations that have curtailed the ability of investment banks to act as middlemen.
|
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"Alibaba, Amazon and eBay face virtually no liability when they act as middlemen for counterfeiters," he wrote.
|
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Selling "direct to consumer," meaning bypassing any middlemen, is one of the biggest themes in retail today.
|
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Direct listings cut out many of the middlemen and fees that the traditional IPO process has prioritized.
|
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The thing that gets people's attention is when you tell them how you're essentially cutting out middlemen.
|
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There are no auctions: middlemen compete vigorously to buy directly from farmers and sell on to exporters.
|
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Subsidised fertiliser intended for smallholders has often been resold at market rates with middlemen pocketing the profit.
|
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They pay a deeply discounted rebate price negotiated by PBMs, which are middlemen between manufacturers and insurers.
|
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So their sellers, even online, are likely to be middlemen, with the associated risks, rather than producers.
|
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" For the sake of clarity, she said, she wishes that middlemen would stop using the term "C.
|
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Most obviously, prices increase because middlemen take a cut that otherwise could be lopped off patients' bills.
|
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That data trickled down from the telecommunications giants through a complex network of middlemen and data brokers.
|
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Some decades ago, American retailers realized that they didn't need middlemen, known as distributors, to do business.
|
|
As a result, these little-known middlemen continue to make growing profits at the expense of patients.
|
|
These private entities — insurance companies and the middlemen known as pharmacy benefit managers — negotiate prices with drugmakers.
|
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There are now guides that have set up services to serve as middlemen between tourists and healers.
|
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These middlemen grant prospective renters access to listings, viewing appointments and leases in exchange for a fee.
|
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Vahdam Teas cuts the middlemen suppliers to reduce the time it takes to ship tea to consumers.
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"Workers should also be able to pay money through banks and not middlemen for transparency," he said.
|
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The Nebula model eliminates personal genomics companies like 23andMe as middlemen between data owners and data buyers.
|
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Companies do not hire them directly, but through a byzantine system of government and private-sector middlemen.
|
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Back before online marketplaces and social media took over, you had galleries and middlemen doing due diligence.
|
|
Like many, he wants to reduce prices and remove some of the middlemen to decrease administrative costs.
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He saw insurers as parasitic middlemen and believed without them the state could achieve lower health spending.
|
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Sams said Harris brought numerous mortgage fraud cases, including several against middlemen who profited from predatory loans.
|
|
Trump's intuition is that having fewer senior administrators cuts out middlemen who dilute messages from the top.
|
|
Trump administration proposals have singled out so-called middlemen like PBMs as a big part of the problem.
|
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This time Chinese scientists think pangolins could be the middlemen, but their research hasn't been made public yet.
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Parties are middlemen between government and voters, organising a multiplicity of policies into a simpler menu of options.
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The logical endpoint of all this would be the eventual fading-out of the breathing, acting middlemen entirely.
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This is what leads to transactions that take months to close with a dozen middlemen – no reliable information.
|
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Middlemen were said to be using the messaging service WeChat in China to make contact with Amazon employees.
|
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" T-Mobile CEO John Legere tweeted that the company "will not sell customer location data to shady middlemen.
|
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The sites serve as middlemen for transactions; they also encourage players and investors to interact on social media.
|
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There are no advertisers and no cable company middlemen dictating what they think is good for the consumer.
|
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None of that is public either, but the middlemen who thrive off it can make millions leaking tips.
|
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And an entire economy — of buyers, sellers, middlemen, professional flippers, and marketplaces — has sprung up around Instagram accounts.
|
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Because Civica is cutting out wholesalers and other middlemen, it can offer the antibiotics at much lower rates.
|
|
In 2014, the middlemen discovered the Dubovoy group was trading from many more accounts than they were declaring.
|
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In turn, these brokers would then sell the data to bounty hunters, bail bondsmen, debt collectors, and middlemen.
|
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Banks reckon the technology could save them money by cutting out middlemen and making their operations more transparent.
|
|
Deeper problems include advertisers cutting out middlemen like WPP by going straight to digital giants Google and Facebook.
|
|
Community pharmacies should not be footing the bill so multi-billion-dollar middlemen can add to their profits.
|
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Junket operators are middlemen who bring high rollers to play, extending them credit and collecting on their debts.
|
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He hopes the law will give Tunisia's waste pickers better protection from health risks and exploitation by middlemen.
|
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Middlemen pay villagers to cut down the trees; they then sell the timber to Chinese or Vietnamese businessmen.
|
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The middlemen it funneled money to for purchases around the world are sitting on billions of unspent dollars.
|
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They scared the life out of the record store owners—and tried to stifle demand from the middlemen.
|
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Eliminating rebates would get at the serious problem of some middlemen manipulating drug prices for their own gain.
|
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The company tries to cut as many middlemen as possible to provide good-looking furniture at affordable prices.
|
|
Middlemen would visit their home every week and pay them for the recycled materials, with no questions asked.
|
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I heard reports of several other multimillion-dollar payouts to various middlemen that I was unable to confirm.
|
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These discounts often take the form of rebates paid to insurers and middlemen known as pharmacy benefit managers.
|
|
Locals sell it to middlemen, and it ultimately fetches almost as much as red caviar in city stores.
|
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They'll then not only siphon their target's money directly but use them as middlemen to transmit stolen funds.
|
|
The real driver of this potential is Celo's promise of much lower transaction fees than traditional middlemen charge.
|
|
Between 2013 and 85033, middlemen increased their share of cashflow from brand-name drug purchases by 12.5 percent.
|
|
All of these are, in industry parlance, "direct to consumer" offerings, cutting out traditional middlemen like cable companies.
|
|
In reality, though, all these middlemen were often crucial to ensuring that the pie was baked at all.
|
|
Shows sell out immediately, and the middlemen (quite literally, evil robot masters) reap millions in ill-gotten gains.
|
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Both sites act as middlemen between buyers and sellers, authenticating the shoes and charging various fees for transactions.
|
|
It's a model that allows giant companies to keep their hands clean while leaving their middlemen with blame.
|
|
Various commodity traders have started to test blockchain's electronic transaction-processing system which promises to cutting out middlemen.
|
|
These sorts of drivers are primed to double as middlemen between passengers and the capital city's black markets.
|
|
Pharmacy benefits managers, the mysterious middlemen between health insurers and drugmakers, are viewed skeptically by lawmakers and the public.
|
|
An ongoing case in Milan alleges that roughly $1.1 billion of the total was siphoned to agents and middlemen.
|
|
The Milan court has already convicted middlemen Emeka Obi, a Nigerian citizen, and Italian Gianluca Di Nardo, of corruption.
|
|
Wei meanwhile also reported the case to the police, who charged Tan and the five middlemen for intentional homicide.
|
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These brands offer the retailer higher profit margins since it can set its own prices and bypass any middlemen.
|
|
They are emerging as the favoured middlemen between China's state enterprises and firms in Central Asia and the Gulf.
|
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The increase in power of these trading corporations meant that profit would increasingly flow to middlemen, not farmers themselves.
|
|
Instead, those rebates offered by drug companies to insurance middlemen would lower what people pay at the pharmacy counter.
|
|
Trade – Building Africa's commodity exchange Trade wants to kick the middlemen out of the exchange of commodities in Africa.
|
|
CrowdWiz allows the crowd, not fund managers, banks or middlemen, to decide on how the general fund is spent.
|
|
We target areas that are ripe for disruption through technology where inefficiencies arise from regulation, middlemen and manual processes.
|
|
Oil sales are hard to track because Iran hides shipments through middlemen and "ghost tankers" with transponders switched off.
|
|
It's a model that would change the relationship between Western consumers and developing-world producers, eradicating tiers of middlemen.
|
|
Instead of traditional startups attempting to disrupt the middleman, these new startups are becoming the middlemen of data insights.
|
|
Supporters argue that direct cash payments to bank accounts will better reach beneficiaries, eliminate middlemen and streamline public finances.
|
|
However, Anthem is starting its own competing PBM, and lawmakers want to overhaul how these drug pricing middlemen operate.
|
|
But by stripping out the aforementioned middlemen and fees, Grana — he said — sells at just 2-33X mark-up.
|
|
The leaked documents show it involved hidden interests and one of the art world's favorite offshore middlemen, Mossack Fonseca.
|
|
Namely that profits taken by drug middlemen, primarily Pharmacy Benefit Managers (PBMs), are a key cause of escalating prices.
|
|
The president's reform takes aim at middlemen in the drug supply chain known as "pharmacy benefit managers" or PBMs.
|
|
The bill's strong criminal penalties for avoiding the fee or using middlemen will help hold the line against fraud.
|
|
A drug's path from the manufacturer to the patient is circuitous, and many middlemen are paid along the way.
|
|
Under the Medicare prescription drug program, drug companies negotiate rebates with middlemen like insurers or pharmacy benefit managers (PBMs).
|
|
However, Julie still had to pay a third of her income to the middlemen who operated the phone hotlines.
|
|
But Indiana's Medicaid program paid middlemen almost $300 per pill, while Washington's Medicaid agency paid only $109 per tablet.
|
|
North Korea is also accused of running fronts based in China or using Chinese middlemen to circumvent the sanctions.
|
|
Many groups have proposed or tried solutions: ■ States have established registries where consumers can locate caregivers, eliminating pricey middlemen.
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In defiance of custom, 'Ntoni tries to eliminate the middlemen, mortgaging his family's house to buy a bigger boat.
|
|
The process required fake purchase orders, coaches' assents — and, crucially, middlemen like youth-league coaches, money managers and agents.
|
|
They realized they could potentially make lots of money serving as middlemen between local cotton plantations and northern mills.
|
|
To historians it's a centuries-long occupation of East African soil by seafaring merchants and middlemen from foreign lands.
|
|
The system was supposed to make the economy work more fairly, by removing the arbitrary and inefficient banker middlemen.
|
|
This is where the question of who pays tariffs gets trickier — because middlemen tend to pass on their costs.
|
|
But the city's medallion brokers — middlemen who arrange sales and loans of the permits — kept pushing me to refinance.
|
|
There are many middlemen on the left who have tried to take advantage of Silicon Valley's new political energy.
|
|
These are list prices, not net prices, and therefore do not reflect any rebates given by manufacturers to middlemen.
|
|
The French and Japanese both offered to serve as mediators, but that only annoyed Mr. Trump, who dislikes middlemen.
|
|
Some of these middlemen were retired colleagues of the players and were working for criminal organizations, the authorities said.
|
|
And middlemen are in the business of ensuring the ads from the brands are delivered to the right people.
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Milan prosecutors allege that about $1.1 billion of the total was siphoned off to pay politicians, businessmen and middlemen.
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It also found that private contractors and middlemen have wide access to personal data collected by the Chinese government.
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Brands like Nike are investing more in their own stores and website to sell merchandise, moving away from middlemen.
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Pharmacy benefits managers or PBMs — middlemen who work for insurance companies — boast similar trends in drug prices and spending.
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They have no trust between counter-parties, so they hire middlemen, intermediaries to check if the documentation is right.
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Critics have charged that the middlemen have contributed to the high prices consumers pay out of pocket for prescriptions.
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The cyclone landed at a time when speculative hoarding by local middlemen in Madagascar was already squeezing the market.
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But drug companies, insurers and supply-side middlemen continue to point fingers at each other for causing the problem.
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What these changes have done is cut out the middlemen, or those with the credibility to broker a deal.
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They interpret this reasonably as indicating purchases are made primarily by middlemen, who might later smuggle the objects abroad.
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A group of executives representing little-known middlemen in the pharmaceutical industry had their day in the hot seat.
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Some even hope to use their technology to connect smaller borrowers with investors directly, eventually cutting out middlemen banks altogether.
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That came on top of existing bribery investigations in France and Britain over the use of middlemen in jetliner sales.
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Agents and executives, middlemen and managers, all of them looking to make a deal in the game's greatest shopping mall.
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The funds weren't reaching the right people, in some instances, and much of it was being siphoned off by middlemen.
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More than 22015 brokers act as middlemen with clients, along with another group of intermediaries known as managing general agents.
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Some investors worry about what this will mean for drugstores and middlemen, like pharmacy benefit managers, as well as distributors.
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Registries can then sign contracts with ICANN-accredited registrars, which act as middlemen and sell domain names to the public.
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And as we recently reported, generic drugs are ripe for price games because of all the middlemen that are involved.
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While they're in the "care" of those middlemen, they're threatened with murder or sale into prostitution, as opposed to marriage.
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What it does is get rid of the need for potentially unscrupulous middlemen who thrive and profit on asymmetric information.
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Those charged on Thursday include former Petrobras employees and middlemen who prosecutors allege worked directly with top executives at Vitol.
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But progress is slow, and middlemen continue to hold sway as farmers lack the means to ship directly to buyers.
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Subscriptions still reign supreme—and those companies control those subscriptions without middlemen (though Facebook is working on a subscription product).
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Donor-advised funds are the philanthropic middlemen that house over $100 billion in assets nominally slated for charity — well, eventually.
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The company would do so by cutting out supply chain middlemen that mark up prices in the traditional grocery market.
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Those who will testify include: PBMs are the drug supply middlemen used to help insurance companies negotiate lower drug costs.
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Power plants are also owed colossal sums by the agencies that act as middlemen between generation companies and the distributors.
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In this case, however, critics argued the overall scale of the transaction showed financial middlemen just served as a cover.
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They criticized middlemen, including pharma's favorite target, pharmacy benefit managers, for pocketing discounts instead of passing them along to patients.
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Further complicating the system are middlemen finding profits in an already bogged-down system, such as group purchasing organizations (GPO).
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But at least there's a clear process people can follow now, and one that doesn't involve paying off shady middlemen.
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Drug companies have blamed pharmacy benefit managers, sometimes called middlemen, for the sticker shock some patients see at the counter.
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Also in the mix are ad tech middlemen from targeters to re-targeters to robotic exchanges, and even mafia fraudsters.
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All four models are predicated on cutting out the middlemen to bring down costs for the companies and their customers.
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And he has retained ownership of almost all his intellectual property, putting no middlemen between him and the potential profits.
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That cold-calling continues, but now the program focuses more on labor unions, truck-driving schools and other employment middlemen.
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By receiving products directly from suppliers, Costco cuts out the middlemen in the supply chain that can drive up costs.
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PBMs are the veritable middlemen of the drug industry — they serve as intermediaries between drug manufacturers, health insurers and pharmacies.
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TechCrunch understands many others deals have been closed at different rates but other middlemen are sliding in to profit, too.
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Key quote: "We are very much eliminating the middlemen," President Trump said in a Rose Garden speech unveiling the plan.
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In some countries, producers end up with only 50% or 60% of the selling price, with middlemen taking the rest.
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The rise of bitcoin and future cryptocurrency is tied to the eventual fall of financial middlemen like VISA and Mastercard.
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A few other takeaways from the report: Of the remaining spending, 22 percent goes to the supply chain, or middlemen.
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But top-tier artists today increasingly avoid middlemen — and leaks — in the production, promotion and even delivery of their albums.
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Extravagant markups, overhead and multiple levels of middlemen have helped lead to huge costs in the FEMA-financed repair program.
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The North Korean government was clamping down on the flow of remittances that many defectors send home via Chinese middlemen.
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That's where the schmooze, consultants, middlemen and intuition come in: to help companies make high-dollar gut calls about data.
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The law became a boon to special interest insurance corporations and created powerful middlemen that contribute to the high prices.
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The modern federal government is so sprawling and complex that it practically demands a specialized class of middlemen and -women.
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Big brands are publicly criticizing traditional agency models, holding companies are consolidating, and marketers are looking to cut out middlemen.
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Amazon's path to dominance in big industries, whether it's retail or cloud computing, often involves cutting out the smaller middlemen.
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Middlemen (and middlewomen), so this theory goes, have simply been gobbling a slice of the pie they never really deserved.
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Because Pangea users would be buying and selling shares with each other, transaction fees and middlemen are eliminated, Shaikh said.
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But some companies appear to be exploiting this, routing goods through Hong Kong middlemen to lower the tariffs they face.
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Wholesale traders, middlemen, and importers all have their offices here, above shops selling rugs, Chinese-made socks, and home appliances.
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Under current rules, the business underlying EB-220006 projects involve middlemen charged with facilitating the investment and DHS-application process.
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The EU system enables wholesalers and middlemen to legally pass drugs through countries with varying levels of supply chain protection.
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Albert Bourla, the chief executive of Pfizer, said he supported efforts to eliminate rebates paid to health plans and middlemen.
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The suit details how the painting changed hands through two middlemen before ending up with Colnaghi, with the original seller suing the middlemen for breach of trust once the panel, originally listed as the work of an unknown artist, had been "asserted" as a Cranach and sold to Liechtenstein for a considerably larger sum.
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In-kind benefits are pilfered by middlemen who would find it harder to get at payments made to beneficiaries' bank accounts.
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Without any official middlemen and authentication systems between transactions, a large part of Fresen's business relies on testimonials from satisfied customers.
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Generally, the companies also have placed blame on insurance middlemen, arguing they're taking bigger cuts of the insulin market through rebates.
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Hunters, she discovered, have been roaming the countryside in vans, killing dogs with poisoned darts and selling them on to middlemen.
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They are used to make heroin, which is sold to middlemen and shipped to Europe and elsewhere via Iran and Pakistan.
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The truth is, if you trace the people complaining the most about piracy or music sales being down, it's the middlemen.
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They cut out middlemen and guide consumers to use generic drugs, taking a cut of the sales from the drug manufacturers.
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Yes, but: The data points do not factor in the rebates and discounts that drug manufacturers pass along to industry middlemen.
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Meanwhile, regulators across several government agencies ignored warning signs of an impending crash as the lenders and the middlemen got rich.
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Yet all middlemen need a mark up, so they still add a margin of 2-5% to their "commission-free" quotes.
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Revenue collection was farmed out to middlemen who beat money out of taxi drivers, handing only a fraction to public coffers.
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But under standard industry practices, besides the portion to your insurer, most of those middlemen only take a single digit percentage.
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The contracts are offered by middlemen, known as offtakers, often big energy trading companies like Switzerland's DXT and utilities like Enel.
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They argue that buyers seldom pay the full list price, since insurers and other middlemen wrest hefty (and often secret) discounts.
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Middlemen are being knocked out everywhere and brands are approaching consumers from every angle including native ads in Instagram and Twitter.
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Drug manufacturers pay the rebates to PBMs, sometimes called middlemen, for getting their drugs covered by Medicare's Part D prescription plan.
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As the drug industry has come back down to earth, the returns of the 46 middlemen on the list have soared.
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Like other D2C brands, Summersalt cuts out the middlemen to give its customers access to its swimsuits for $95 or less.
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SMEs have historically struggled with securing loan and other financial services from banks — creating a big opportunity for middlemen lending platforms.
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Olivera believes that the mezcal producer works the hardest and makes the least because most of the profits go to middlemen.
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Prosecutors believe Chinese middlemen helped North Korea with the theft, The Wall Street Journal said, citing people familiar with the matter.
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Farmers' costs include imposts, pesticide tests and quality certification, all of which are usually handled by informal middlemen, driving up costs.
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The drugs are mailed by "labs" in China to individuals who consume them or to middlemen who dilute them for resale.
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Those middlemen — namely, pharmacy benefits managers (or PBMs) — have said the only parties responsible for drugs' list prices are the manufacturers.
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When Shavers paid restitution, these middlemen did not forward it on to the people whose bitcoins they had sent to Shavers.
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The startup is helping them cut out the middlemen, and optimize truck deliveries to large markets thanks to an online marketplace.
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Warren and Smith, in a letter to Azar released Friday, questioned whether he was coordinating with drugmakers attacks on industry middlemen.
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They said over-the-counter (OTC) brokers, which act as middlemen for buyers and sellers, have seen much of the activity.
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With public outrage growing over the rising costs of prescription drugs, Congress is targeting the middlemen they say are to blame.
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They're a favorite target of the pharmaceutical industry, which says it's a way for middlemen to profit from high drug prices.
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Drugmakers blamed a convoluted supply chain, involving insurance companies and middlemen, whom they argue do not pass on savings to patients.
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From Facebook's point of view, this transparency eliminates inefficiency — why let middlemen charge extra for an audience that Facebook is selling?
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The charges, if filed, would target alleged Chinese middlemen who prosecutors believed help North Korea orchestrate the theft, the people said.
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Posing undercover as ivory middlemen, an investigator is invited into a Chinese investment center near the international airport to talk business.
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They said they have identified suspicious trades sealed between the company's representatives in Brazil and middlemen to broker allegedly illicit deals.
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By cutting out middlemen, they pay nomadic herders about 50% more and charge about 50% less to customers without changing quality.
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Often operating out of view, the middlemen, who have connections to government and Communist Party officials, can help lubricate the process.
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Some want the companies and projects that have sprung up to act like data middlemen—startups like Ride Report, Remix, Populus.
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Blockchain's distributed-ledger system allows users to conduct secure transactions with each other without the need for middlemen or central oversight.
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Between the lines: Express Scripts is the country's biggest pharmacy benefit manager (PBM) — the middlemen between drug companies and insurance coverage.
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Self-serving health insurance companies and other middlemen clog the path, cloud transparency and limit access to real health-care solutions.
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This, the government hopes, would ensure subsidies are reaching the real people rather than getting lost in a chain of middlemen.
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U.S. officials had accused Walmart of using middlemen to make questionable payments around the globe in order to open new stores.
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Others, such as Grubhub, DoorDash and Yelp-owned Eat24, act more as middlemen between users and an existing restaurant's takeout business.
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He said each had paid middlemen 6,000 to 12,000 euros, or about $7,150 to $14,300, for their boat crossing to Spain.
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So the women next tried a schedule where they would work for the middlemen one week, and for themselves the next.
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The women then decided to travel 200 miles every week to the market in Mexico City to avoid undercutting the middlemen.
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The document also asked for stronger regulation of the clearinghouses that operate as middlemen between buyers and sellers on Wall Street.
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THE PAST decade has not been great for middlemen, who match buyers and sellers for a slice of the transaction value.
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Because they deal with both merchants and consumers, there's less of a need for credit cards to act as the middlemen.
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Generally, villagers capture animals in forests and fields, and sell them to middlemen who hand them off to legal reptile farms.
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Middlemen like Jarvis say they are convinced a deal will eventually go badly wrong and potentially hurt anyone associated with it.
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Drug makers now pay billions of dollars in rebates to such middlemen to increase the use and sales of their products.
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There's an entire scamming ecosystem populated by lead list brokers, runners, middlemen, and kingpins — in both Jamaica and the United States.
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Internet-based services, such as Netflix and Amazon Prime, are exploiting this shortcoming, bypassing the middlemen and selling content directly to customers.
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Farmers' costs include bureaucratic formalities such as imposts, pesticide tests and quality certification, all of which are usually handled by informal middlemen.
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The so-called junkets are the commissioned middlemen hired by the casinos to bring in the wealthy VIP gamblers from mainland China.
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It proposed new rules in January that would cut out the middlemen and force drugmakers to pass drug rebates directly to consumers.
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Their age is an edge: their unique networks of silos, ports, ships and farmer relationships, built over decades, make them indispensable middlemen.
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The big picture: The health care industry's largest middlemen dodged a giant bullet since rebates are an important part of their businesses.
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Similar to its luxuriously plush bedding, Brooklinen offers fair pricing for its clothing by going to the source, completely eliminating the middlemen.
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These middlemen took off in the 2000s by promising to cut drug prices through aggregating demand and negotiating discounts with Big Pharma.
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In total middlemen capture $126 of excess profits a year per American, or about two-thirds of the whole industry's excess profits.
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In some instances, the files show, offshore middlemen have protected themselves and their clients by concealing suspect transactions or manipulating official records.
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The simplest way to help poor people—and also the cheapest—is to eliminate all middlemen and just give them cash directly.
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Violent crime in Macau has often been linked to its junket operators - the middlemen who bring China's wealthiest to the gambling tables.
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Read said Pfizer currently receives around 24.4 percent of its list prices on drugs, suggesting that about 213.47 percent goes to middlemen.
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The new law imposes prison terms and fines on those found guilty of smuggling potential migrants or acting as brokers or middlemen.
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Drug companies argue that price increases have been modest, and have instead pointed the blame at pharmacy benefit managers, sometimes called middlemen.
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If taxpayers can just hold out a few weeks, however, they can get their checks directly and not deal with any middlemen.
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While some laundering relies on middlemen to sell animals to the meatpackers, it can also take place within a single farming operation.
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In all of this, middlemen and health insurers win, while everyday Americans are left to foot the bill, paying more for less.
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These are middlemen who negotiate discounts from drug companies on behalf of health plans and provide reimbursements to those who dispense drugs.
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Ms. Anyadiegwu has been talking to SeedInvest, one of about a dozen companies poised to serve as middlemen in the emerging business.
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She pointed her finger at middlemen, including pharmacy benefits managers, or PBMs, as benefiting and even incentivizing higher prices for prescription medicines.
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In post-civil-war Guatemala middlemen paid poor women a pittance to get pregnant repeatedly—or simply stole babies and sold them.
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These companies are the financial "getaway cars" that middlemen like Alex Godman use to move, hide and spend these ill-gotten gains.
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Customer services have for some time been disrupted by a trend with the ugly name of disintermediation, the cutting out of middlemen.
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For context, PBMs act as the middlemen of the pharmaceutical industry and are responsible for negotiating the costs of drugs for payers.
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Since The Inside doesn't carry inventory or have middlemen, it's possible to make high-quality home decor on demand at reasonable prices.
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Prices increase at each level in the same way that middlemen suppliers and a concession stand raise the price of a Coke.
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By refocusing the program to benefit patients rather industry middlemen, Administrator Verma can help improve patient outcomes and affordability without sacrificing choice.
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But less scrutinized is the role insurance companies — the middlemen between patients and those providers — play in boosting our health care tab.
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The middlemen scout villages for potential donors, whom they sometimes lure with money and false promises of a job in the city.
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Apart from payments via Magalhaes, Glencore subsidiaries paid $4 million to other middlemen who allegedly bribed Petrobras officials, the judge's ruling said.
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Manufacturers say these middlemen pocket rebates they give them instead of sharing them with customers and reducing patients' out-of-pocket costs.
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As a result, many artisans have no choice but to sell to middlemen who arrive on market days and set the prices.
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Getting drugs from producers to consumers is a complex and foggy business, with multiple middlemen capturing bits and pieces along the way.
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By the time the money reached her, the sum had shrunk by half, the rest deducted as "brokers' fees" for the middlemen.
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Americans' safety is at risk from the shady middlemen and wireless carriers who let anyone with cash in hand track our phones.
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One often-floated use case for blockchains in the financial industry is as a settlement layer to instantly close transactions without middlemen.
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Brazil prosecutors have said Loya and Maarraoui arranged for the middlemen to move illicit funds through U.S., European and offshore bank accounts.
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The middlemen who sponsor the accounts, like the SVCF, are making their own money by piling up donor assets and collecting fees.
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The money allowed the women to buy wool and to sell rugs from their homes, but the middlemen continued to threaten them.
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But what set it apart was its farm-direct supply chain, cutting out costs from middlemen and delivering flowers that last longer.
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Kirana and his brother stepped in as middlemen, acquiring tickets by the fistful from airline clerks and scalping them to the crowds.
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That would cut out the private insurance middlemen while still alleviating some of the pressure on the public system through private providers.
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They move slowly across the desert, relying on rodent middlemen to collect their seeds and cache them in nearby patches of dirt.
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But armed with China-made cellphones, savvy housewives turned micro entrepreneurs are brokering deals with middlemen to secure Chinese goods for sale.
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They're a favorite target of drugmakers, who say these middlemen want higher drug prices so they can squeeze higher profits from rebates.
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But a legal way around that uses well-connected middlemen in the U.S. — public relations firms and lobbyists, acting as foreign agents.
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"We pioneered the winery-direct retail model for wine fans to buy online, from winemakers, with no middlemen," the campaign page reads.
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Middlemen who have bought and sold here for decades sliced slabs of fish on wooden tables crosshatched with thousands of knife nicks.
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The administration also proposed to lower prescription drug costs by requiring insurers and middlemen to share the discounts they get with consumers.
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Known as dayibasi — pronounced die-ye-BASH-ee — Turkey's middlemen are the least scrutinized and least visible operators in the farming system.
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"We are not going to let a third party of middlemen come between us," Tsujihara said to a crowd of theater owners.
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On Tuesday, Congress kept the conversation going, this time grilling pharmacy benefit managers, the little-known middlemen responsible for negotiating drug prices.
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LONDON (Reuters) - Seven years ago, two middlemen launched civil lawsuits to seek payment for helping arrange a $2208 billion oil deal in Nigeria.
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The likes of Vahdam and Teabox have already massively disrupted that process, making tea both fresher and more cost efficient without the middlemen.
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But it appears companies are getting more and more tired of the status quo and are considering trying to bypass the middlemen entirely.
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Translation-management software aims to cut out the agencies that have been acting as middlemen between clients and an army of freelance translators.
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Today, middlemen and rent seekers are a necessary evil in order to keep order, maintain safety, and enforce the rules of P2P marketplaces.
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On the offensive front, blockchain enables new ways to monetize content via micropayments and direct creator-to-consumer distribution sans today's leading middlemen.
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Middlemen like Tsegay, who often go by their first name to shield their identity, are trusted by refugees trying to cross the Sahara.
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The main issue will be logistics and finding middlemen who do not have any links with the United States, an industry source said.
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The firm still cannot be sure who pocketed its payoffs, via middlemen, that were intended to keep its facility running at all costs.
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These criminals earn as little as $50 for each woman they bring into China, where they are often resold far inland by middlemen.
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Drug companies have instead placed blamed on pharmacy benefit managers, sometimes called middlemen, for the sticker shock some patients see at the counter.
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Instead of paying advisors, Wealthfront believes that it is taking a more efficient approach by focusing on algorithms and cutting out the middlemen.
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The intelligence agents began running a parallel operation to the Moscovite middlemen, using Turchynov's access and sourcing their own traders, according to Demedyuk.
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Smithfield, the world's biggest pork producer, was seeking to eliminate middlemen such as grain handlers in a push to buy directly from farmers.
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But conversations with prescription drug middlemen make it appear "that this is the direction Amazon is moving in," Leerink said in a report.
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Both senators have been critical of PBMs, sometimes referred to as middlemen, which negotiate drug benefits with manufacturers for insurance plans and employers.
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Nobody knows how much PBMs and other middlemen are pinching along the way and most are afraid to ask for fear of retaliation.
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British and French authorities are investigating the use of middlemen in jetliner sales and Airbus says it is supplying information to U.S. authorities.
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To sell prescription medicines, Amazon will need to work with middlemen, known as pharmacy benefits managers, in order to take a customer's insurance.
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Milan prosecutors allege bribes totaling about $1.1 billion were paid, including to middlemen, to win the OPL 245 deal for Shell and Eni.
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They have also tried to deflect blame for rising consumer costs on middlemen, such as PBMs like Express Scripts Holding, and to hospitals.
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The remainder of the money goes to the middlemen involved in the transaction, covering agency fees, legal fees, counseling services, and health insurance.
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But AUrate is known for its affordability precisely because, like so many 21st-century startups, it deleted middlemen and markups from the equation.
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Blockchain allows users to conduct secure transactions with each other without the need for middlemen or central oversight, unlike traditional electronic funds transfers.
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It should come as no surprise that the JAMA study also found these so-called "overpayments" netted the middlemen $135 million in 2013.
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"These procurement networks are between corrupt party officials and Chinese middlemen on one side, and North Korean clients on the other," Park said.
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They have also tried to deflect blame for rising consumer costs on middlemen, such as PBMs like Express Scripts Holding , and to hospitals.
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Prosecutors say Trafigura, Vitol, Glencore and Mercuria used middlemen as well as their own representatives to execute the corrupt deals with Petrobras insiders.
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Tasked with bringing in VIPs to play in the glitzy casinos, these middlemen provide credit for high rollers and collect on their debts.
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It entertains the idea of new price disclosures and reshuffling some of the discounts that various middlemen negotiate off of drugs' sticker prices.
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Instead, they're disintermediated by licensing and endorsement deals, middlemen that control how their product can be used and by whom, and restrictive deals.
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For years, the distributors, routinely appearing on lists of the wealthiest American corporations, have characterized themselves as mere middlemen between pharmacies and manufacturers.
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But it's causing a problem for banks, whose trading desks buy and sell these bonds and act as the middlemen of the market.
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Brazilian prosecutors previously said Loya and Maarraoui "knowingly and voluntarily" arranged to bribe Petrobras employees using middlemen with whom the pair had direct.
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They began exploring other avenues, and a parade of dubious middlemen came to Doha offering rescue schemes in exchange for huge cash payouts.
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Both companies are hoping to create businesses that take advantage of the stigma surrounding men's health by removing middlemen like pharmacies and doctors.
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But a less obvious—and less morality-based—case is that single-payer would eliminate a lot of the middlemen in the system.
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Right now, supply-chain middlemen drive up patients' pharmacy bills by tens of billions of dollars while providing little value to ordinary Americans.
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It cuts out middlemen like Hulu, Netflix, The Late Show, or a magazine profile, and hands a celebrity unwavering control over their message.
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While the GAO report offers a good base of how middlemen affect drug prices in Medicare, it does not fully address larger issues.
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Despite promises of lower prices, middlemen such as PBMs have increasingly come under scrutiny due to their lack of transparency and high profits.
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With PBMs profiting on all sides, price transparency, which will heighten price competition, is the answer to eliminating the abuse by these middlemen.
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Like common plastic bottles, the new K-Cups can be sorted and shredded by middlemen and sold to manufacturers that use recycled plastic.
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As usual, numbers first would be assigned to those the commission deems "Responsible Organizations," or RespOrgs, which act as middlemen for end users.
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As middlemen who shuttle food between businesses and customers, gig workers who deliver food and groceries often find themselves occupying a marginalized position.
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These middlemen could tax the farmers and oil producers who depended on their rails — or deny them a ride and sink their livelihoods.
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For decades, banks served as middlemen and received government subsidies for the loans they made, but in 2010, Congress switched to direct lending.
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And then you track it through a variety of middlemen to the distributor, the store, to the high school kids stocking the shelves.
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In some cases, middlemen known as "pharmacy benefit managers" have made it clear they don't have room on their formularies for another generic.
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Middlemen who looked to sell on the looted artifacts worked out of London, Munich, the French city of Dijon and Vrsac in Serbia.
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But, alongside tabloid-tantalizing rock stars and engulfing musical movements like hip-hop, it was easy for pop middlemen to ignore the band.
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Some say the system has created a series of perverse incentives, where the middlemen have an interest in keeping the list price high.
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The middlemen buy extras from people who obtained strips through insurance, at little cost to themselves, and then resell to the less fortunate.
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In that way, they were no different from any other inner-city drug-dealing organization that has contacts with cartel-connected middlemen and suppliers.
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This makes it almost impossible for middlemen such as police or intelligence agencies to access the flow of information between the sender and receiver.
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Those are the discounts drugmakers give to middlemen such as pharmacy benefit managers, often in exchange for more favorable insurance coverage for their medicines.
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Sprint (S) is the latest mobile network operator to say it will stop giving real-time location data on its customers to data middlemen.
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Those are the discounts drugmakers give to middlemen such as pharmacy benefit managers, often in exchange for more favorable insurance coverage for their drugs.
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Each day, each vendor wakes every morning at 4 am to walk two hours to middlemen outside of the city to stock their inventory.
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And what makes businesses like Uber and Airbnb and DoorDash and Rover so compelling is that they cut out the bureaucratic and regulatory middlemen.
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It's the obvious solution to the update problem: the middlemen have slowed things down, so Google is trying to eliminate them from the process.
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The complex webs of suppliers, middlemen and skilled workers on which these ecosystems rely are unlikely to disappear from it in the foreseeable future.
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In particular, he was willing to address the issue of content moderation and whether the marketplace middlemen of the tech industry can be replaced.
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The counterparty to nearly every one of those right deals, Blazer explained, was a sports marketing company, the middlemen of the international sports world.
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Many financial institutions have been looking at ways to use a blockchain to modernize financial transactions by cutting out various middlemen from the markets.
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Company tensions have also been inflamed by a UK investigation into the use of middlemen to sell jets, people close to the matter say.
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Uber relies heavily on the banking system to get paid and pay drivers, and it could potentially cut out middlemen with its own bank.
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One big realization was that the established pharmacy benefit managers (PBMs), the industry middlemen, would go to great lengths to protect the status quo.
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The companies pay the rebates to the so-called PBMs, sometimes called middlemen, for getting their drugs covered by Medicare's Part D prescription plan.
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In the past, they'd deal with copious numbers of middlemen, who would liaise with truck fleets to add unnecessary levels of complication and cost.
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Mylan offers large rebates to insurance middlemen so they will cover brand-name EpiPen, but Mylan doesn't have to do that for its generic.
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Direct-to-consumer brands have exploded in popularity in recent years, often eschewing middlemen, brick-and-mortar storefronts and other traditional facets of retail.
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Washington's attorney general is also looking into Lilly's relationships with pharmacy benefit mangers — the middlemen who negotiate drug prices for insurance companies and employers.
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That move caused a ripple effect through global supply chains, as middlemen sought new destinations for their trash -- such as Malaysia or the Philippines.
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Prosecutors said Petrov's operation in Spain had close ties to the Russian state and was helped by a network of lawyers and other middlemen.
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Ron Wyden, D-Ore, the ranking Democrat on the committee, said Tuesday that so-called PBMs are middlemen that strike mysterious deals with drugmakers.
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Some reports, such as the one from Nigeria, include the names of middlemen responsible for building up ties between Gulenists and local power centres.
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GeoPredict: GeoPredict aims to remove the middlemen from oil and gas real estate sales, and use AI and historical data to help evaluate acreage.
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Some proponents dream of a world where people have the option to cut out the middlemen and take their finances into their own hands.
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Leerink previously indicated Amazon appears to be in talks with pharmacy benefit managers, the middlemen that negotiate with drug companies, insurers, employers and pharmacies.
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Stock exchanges are embracing blockchain, which allows Bitcoin users to conduct secure transactions without middlemen, as they seek to diversify and boost profit margins.
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We could disintermediate the supply side, due to my family heritage and manufacturing expertise, and then offer direct-to-consumer; thus bypassing all middlemen.
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These clauses are sometimes included in contracts between pharmacies and pharmacy benefit managers -- the middlemen who act as negotiators between drug companies and insurers.
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Wilhelm's decision in May to stand down surprised many insiders after he ended payments to middlemen and opened the door to ongoing fraud investigations.
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And that's where much of the risk lies: Many middlemen operate illegally, charging exorbitant fees to workers and keeping them trapped in dismal conditions.
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These rebates are based on the drug's list price, and when wholesalers and middlemen push for larger rebates, manufacturers often raise their list prices.
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While there, prosecutors believe she met two Islamic State middlemen who convinced her to carry out a "martyr operation" upon her return to Germany.
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"For the second time in six months, carriers are pledging to stop sharing American's location with middlemen without their knowledge," Wyden told Motherboard Thursday.
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U.S. stocks gained as healthcare shares rallied even after President Donald Trump blasted drugmakers and healthcare "middlemen" for making prescription drugs unaffordable for Americans.
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The difference being The Bouqs gets its supply directly from the farm, cutting out costs from middlemen and bringing you flowers that last longer.
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These Mexican middlemen expanded their power over time, until they controlled 22008% of the cocaine coming into the US. That was the good time.
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A recent federal government report showed that Medicare Part D rebates to middlemen were eating up a much larger chunk of total drug spending.
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Those middlemen are under intense scrutiny from the Trump administration, but still make up a much smaller share of drug revenues than drugmakers themselves.
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Why it matters: Aggressive sales tactics are common, but bribery schemes involving middlemen and kickbacks overseas are illegal under the Foreign Corrupt Practices Act.
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As the drugs become more potent, the way they are mixed by middlemen becomes more crucial — with a slight miscalculation having possibly devastating effects.
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Many banks are looking at how Ethereum could be used as a central operating system for various trading markets, replacing today's exchanges and middlemen.
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The carriers now contract with third-party clearinghouses to keep track of the calls and serve as the middlemen between them and the providers.
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For many of them, the FEMA money left over after trickling down through so many middlemen hardly made a dent in what they needed.
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Zumigo, another location data company, and which Verizon recently mentioned as one of their main middlemen vendors, told Motherboard Captira was not a customer.
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There are the investors and the middlemen like Mr. Stival, who trawl the continent-size country in search of prospects as young as 9.
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Stealthily distributing the money abroad is a skill that the group has developed over the years, using proxies, cutouts and known middlemen, he said.
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By cutting out distribution and retail middlemen, their margins are higher, and they use some of that revenue to pay doctors on the platform.
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In addition, the middlemen, known as pharmacy benefit managers, must disclose the amount of rebates and other price concessions they receive from drug companies.
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Thousands of players like Soumah are on the move every year, their journeys often determined by informal networks of coaches, agents, middlemen and clubs.
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Amazon is ramping up conversations with a group of drug middlemen known as pharmacy benefits managers or PBMs, according to analysts from Leerink Partners.
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What's your early read on some of these things because-- if you look for margins, there are lots of middlemen and lots of margins?
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It also suggested that it could institute requirements that clearing houses, which act as middlemen in derivatives transactions, be located within the European Union.
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The trade group Interactive Advertising Bureau's proposed a method to replace the cookie and adtech middlemen are building products that will do similar things.
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The Malaysian government said last year it was looking into ways to cut middlemen and end debt bondage, a form of modern-day slavery.
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Yet another barrier relates to how drug middlemen select the drugs they'll cover under industry formularies, which determine what products insurance plans will cover.
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As Chinese businesses splurge on the beautiful game, Jarvis and Spencer are among a growing number of nimble middlemen cutting deals and making introductions.
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And he focused initially on pharmacy benefits managers, the shadowy middlemen between drug makers and patients, proposing to end rebates PBMs get through Medicare.
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Many of Under Armour's rivals, such as Nike and Lululemon, have been investing in selling as much as possible directly to customers, bypassing middlemen.
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Siemens, G.E., Philips and others say hospitals often force them to sell through a series of middlemen, where much of the bribery takes place.
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Some reports, such as the one from Nigeria, include the names of middlemen responsible for building up ties between Gulenists and local power centers.
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The problems are rooted in the high operating costs of the start-ups, which typically act as middlemen between consumers and restaurants or grocery stores.
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Its intent is to spur the broadband industry to speed up connections — or cut these Internet providers out as middlemen between Google and Web users.
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It can be enormously frustrating for patients — and enormously rewarding for the drug companies, pharmacies, doctors, hospitals and assorted middlemen that profit along the way.
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This is crucial for a company like Amazon, which is trying to increase efficiency at all costs and cut out middlemen in its logistics chain.
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How it works: The now-dead proposal would have overhauled the rebates collected by pharmacy benefit managers — the middlemen between insurance plans and drug companies.
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Most show up when they want to work and sign out stacks of tickets from middlemen who run the street teams, as they are known.
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In a good week his team of around 50 workers can bring out around 50 grammes of gold, earning $2,300 from the local négociants (middlemen).
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They are hard to monitor and have little incentive to save trees, often selling to middlemen who do not offer markups for green palm oil.
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To reduce the impact of middlemen, the government enacted a law in 2012 to remove some informal intermediaries and give farmers direct access to retailers.
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Middlemen, who often act as a low-tech escrow service on messaging apps like Telegram, will charge a percentage of the sale to moderate it.
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Once a year, shop owners travel to southern China where, with the help of locally based Nigerian middlemen, they buy goods and ship them here.
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The Trump administration is rolling out the policy specifics for a central promise in its plan to lower drug prices — taking on the system's middlemen.
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The bottom line: Pharmaceutical companies and industry middlemen benefited from higher spending in 2018, even amid the furor from patients and lawmakers over unaffordable prescriptions.
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It also involves buying products directly from overseas manufacturers rather than the U.S.-based middlemen Bed Bath and Beyond sources most of its products from.
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The nonprofit venture is owned and published by a team of scholars, it has no publisher middlemen, and access will be completely free for all.
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Said middlemen fueled the scheme by spending part of their ill-earned gains on kickbacks and bribes to government staff involved in the procurement process.
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Under new regulations, drugmakers will have to disclose production costs, and the middlemen who negotiate price rebates will have to do so in the open.
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And you also have the middlemen prepared to get embassies involved, which I talk about in the book, with regard to getting visas and passports.
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Pharmacy is a notoriously challenging sector, given the dominance of brick-and-mortar incumbents and the middlemen that negotiate drug prices and manage their distribution.
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She told Congress and Wall Street that more than half the EpiPen two-pack's $608 price goes to middlemen, including the rebates paid to PBMs.
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The details: Here's what will be in the budget proposal Monday, per Bloomberg: Ensuring Medicare enrollees benefit directly from discounts negotiated by drugmakers and middlemen.
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The trade group that represents the middlemen, known as pharmacy benefit managers, said regulation will result in higher drug prices for patients (The Washington Post).
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"They (Dangote Cement) will now buy natural gas directly from the state-run TPDC instead of going through middlemen," Magufuli told journalists after the meeting.
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Wang and investigators looked at the Windshield Wiper's bank and phone records and discovered a network of middlemen that ultimately led them to the players.
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If the company chooses the latter, it would pass up on a cost-inducing IPO process that engages middlemen such as investment banks and underwriters.
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With blockchain, food suppliers and middlemen can submit data about the breeding, manufacturing, and transport of products into a ledger, which customers can then access.
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U.S. investigators are reportedly examining whether those middlemen used steep discounts they received on Microsoft's software to offer bribes and offer kickbacks to government officials.
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Junket operators are middlemen who bring high-rolling players to casinos and, especially in the case of gamblers from China, lend them money for gambling.
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T-Mobile CEO John Legere tweeted that T-Mobile "will not sell customer location data to shady middlemen," but did not give any specific details.
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In exchange, she got $20163,000, 45 percent of which went to various middlemen, and was told that AMI would publish 100 fitness columns by her.
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While biopharmaceutical manufacturers provide large rebates and discounts to middlemen and insurers, those savings often don't make it to the patient at the pharmacy counter.
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By reintroducing his rebate rule, President Trump could lower drug prices by excluding the middlemen who gobble up much of the current price-discount savings.
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Mr Ivanov, who took over in 2017, has pressed on with this process, which leaves more money with the company by cutting out the middlemen.
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Since the Petrobras investigation, known as Operation Car Wash, began in 2014, it has led to scores of arrests — including politicians, middlemen and business executives.
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Publishers routinely complain that the opaque nature of the digital ad pipeline is inefficient and expensive, with middlemen taking an outsize share of ad spending.
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Since 2006, as sanctions made it harder for Iranian procurement agents to operate, Iranian middlemen have sought to acquire genuine foreign passports for sanctions evasion.
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Consignment refers to the process by which independent resellers sell their products through middlemen, to whom they pay a fee when the item is sold.
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Globally, 1,600 tons of gold are mined for jewelry every year, some illegally, and pass through a succession of middlemen: miners, traders, refiners and jewelers.
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President Donald Trump and his administration have sharpened attacks on middlemen and looked into revoking their ability to negotiate rebates, or discounts, with drug manufacturers.
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Yet despite North Korea's creativity in gaining access to finance, the front companies and middlemen it relies on in third-party countries still need banks.
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What if the players, paralyzed by the intransigence of their employers, could eliminate those middlemen and take control of the fruits of their own talents?
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Local police are now investigating the case, which they believe is part of the operations of a well-organized network of art forgers and middlemen.
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Dinn said he was looking to get rid of some of the complexity and middlemen needed for international settlements in places like Vietnam, Cambodia and Singapore.
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These inevitably have a knock-on affect on the way that businesses will be able to use these sites, and also what role middlemen like Falcon.
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The 54-year-old suspect was also under investigation in Switzerland on unrelated allegations that he was dealing in stolen bank data himself via German middlemen.
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The internet is an astoundingly great tool for distributing content, but it does that by copying content and often stripping out the need for gatekeeper middlemen.
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Between the lines: This is very bad news for the pharmaceutical industry, which blames middlemen for high drug prices and vocally supported the proposed rebate overhaul.
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They hit procurement agents and middlemen involved in ballistic missile programs in Iran and networks of individuals that do things like help transfer cash to Hezbollah.
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Motherboard obtained a price sheet from June that showed dozens of middlemen in the United States who would be willing to buy e-waste in bulk.
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And it is widely regarded as inefficient, leaving customers without good information about products they are buying, because of opaque pricing and middlemen like the PBMs.
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CVS Health and other pharmacy middlemen told a Senate committee on Tuesday that drugmakers, in their pursuit of profits, are to blame for high drug prices.
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And those investments must be made through a funding portal approved by the SEC, with the expectation that these middlemen will help to ensure quality control.
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It allows the government to pay benefits directly to over 200m bank accounts linked to its database, so cutting out layers of corrupt and inept middlemen.
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FINRA also said it would look at the risks shouldered by trading firms who act as middlemen between exchange-traded fund issuers and public financial markets.
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By recording and keeping a shared digital record of transactions without any middlemen, blockchain has become a key technology in both the public and private sectors.
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But those were either the cash holdings of the millionaire customers of its wealth-management arm, or accounts steered to it in wholesale batches via middlemen.
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The D.A.O. is motivated in large part by a broader desire to find more decentralized ways to make decisions and financial transactions, with fewer middlemen involved.
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The Wall Street Journal reported U.S. prosecutors were building potential cases that would accuse North Korea of directing the heist, and would charge alleged Chinese middlemen.
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It has the potential to lower costs and improve security by cutting out financial middlemen for all sorts of transactions in a wide range of markets.
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Such clauses are sometimes inserted into contracts pharmacies have with insurers or pharmacy benefit managers — the middlemen that manage pharmacy benefits for insurance companies and employers.
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Small farmers had been hit by rising living costs but benefited little from rising food prices because of the web of middlemen in India's agricultural markets.
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The company cuts out middlemen, like insurance companies and pharmacy benefit managers, to offer consumers generic medication that's often 50%+ cheaper than their insurance co-pay.
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That group's CEO, Atul Gawande, has already made clear that the venture will take aim at health-care "middlemen" with a focus on innovative new technology.
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Blockchain's distributed-ledger system allows users to conduct secure transactions with each other without the need for middlemen or central oversight, unlike traditional electronic funds transfers.
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Prosecutors said the messages also show that rings of middlemen knew about one another and battled fiercely for the favor of the big oil-trading firms.
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Gag clauses are sometimes inserted into contracts pharmacies have with insurers or pharmacy benefit managers - the middlemen that manage pharmacy benefits for insurance companies and employers.
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British and French authorities are investigating the use of middlemen in jetliner sales and the European planemaker says it is also supplying information to U.S. authorities.
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She also suggested she'll be an ally for pharmacy benefit managers, the middlemen who are increasingly getting blamed for having a role in rising drug prices.
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The Rivera brothers, who led a trafficking organization called Los Cachiros, built a fortune as middlemen, moving cocaine from hidden airstrips northward to the Mexican cartels.
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A Brazil federal police investigation includes several emails between Loya, Maarraoui and a group of middlemen, along with personal meetings, which often took place in Houston.
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That doubt about compliance is threatening the myriad ad tech middlemen and is also prompting advertisers and publishers to rethink how they share their user data.
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On Tuesday, Congress is set to keep the conversation going, this time grilling pharmacy benefit managers, the little-known middlemen responsible for negotiating lower drug prices.
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Here, without middlemen, designers, or retailers, these artisans take most of the money back home, where they can use it to support their communities and traditions.
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It's a worthwhile risk for middlemen to ship the cattle to Maiduguri, where prices have surged to 120,000 naira per head because of the temporary ban.
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Meanwhile, ABC News aired a recent report on the landslide of PBM lawsuits, detailing how the middlemen benefit at consumers' expense from secretive, undisclosed pricing agreements.
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The U.S.D.A. and Urner Barry, unlike the Georgia Dock, collect information on prices from buyers, sellers, distributors and other middlemen trading chicken on the spot market.
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Meanwhile, PBMs, the powerful middlemen that try to hold down payouts for insurers, add further complexity with rebates, discounts and restricted formularies (their approved medicine chests).
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Department stores have struggled to hold their place in retail as more sales move online and brands increasingly opt to sell directly to consumers, bypassing middlemen.
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It includes fleets of trucks, clashes between canners uptown and between truckers at an open-air canning market downtown, price wars and middlemen and coordinated handoffs.
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Some youth sports leagues mandate that their teams work with certain middlemen, and parents and coaches say that the travel arrangements they make aren't always ideal.
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Another notable expense has been the purchase of one of the company's main beef suppliers, a move meant in part to eliminate middlemen and cut costs.
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Case in point: Motherboard's blockbuster January, 2019 investigation showing that wireless carriers routinely sell your every waking movement to a wide variety of often dubious middlemen.
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Americans struggle everyday with the rising cost of insulin, all thanks to drug companies and shadowy middlemen that are more interested in profits than helping patients.
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His murder, never solved, was rumored to be connected to his decision to change the way the company bought ads, potentially cutting out gray-market middlemen.
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CEO Heather Bresch responded by starting a new national conversation about drug prices: pointing a finger at the middlemen who she said contributed to rising prices.
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Middlemen purchase gold from miners to sell in the closest town, Kahama, where it is sold on in bigger cities like Mwanza and Dar es Salaam.
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Similarly, in stories of "The Men Who Loot for ISIS" genre, the supposed dealers or middlemen show the journalists objects that they are trying to sell.
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Pharmacy benefits managers are companies that help insurers devise and run their drug benefits, including serving as middlemen in negotiating prices between insurers and drug manufacturers.
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Because it will be run by JPMorgan, it lacks the fundamental qualities that have made cryptocurrencies so radical: the freedom from middlemen and from regulatory oversight.
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Their original pitch, a decade ago, was that they'd allow users to lend directly to other users, cutting out the middlemen and saving everyone some money.
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So despite the length of the supply chain and all the middlemen, a lot of the deceit is really happening at the restaurant or retail level.
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A few caveats exist with its latest dataset: The firm's analysis tracked list prices, and therefore doesn't include rebates and discounts that are paid to various middlemen.
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Using various initiatives, Olam is able to track commodities from farmers and right through middlemen and the supply chain — thus ensuring customers they are buying sustainable produce.
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Among those held were doctors, nurses, middlemen and organ-buyers, involved in what the ministry described as the largest organ-trafficking network exposed in Egypt to date.
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Akhoondi vowed to banish the middlemen who many say have profited from helping Iran evade sanctions by buying parts, and even whole aircraft, on the black market.
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Increased scrutiny and tighter regulatory policies in Macau have also hit sentiment and slammed junkets, middlemen who are employed by the casinos to bring in wealthy gamblers.
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Plenty of those entitled to government services, meanwhile, have not received them, because they have not been identified as eligible or because middlemen have stolen their share.
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Andrew Levin, a professor of economics at Dartmouth College, said digital currencies could cut out middlemen and banks, meaning fewer people taking a cut out of transactions.
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The middlemen — called "screen-scrapers" because of the way they get the data — include Plaid and Yodlee, which most payment app users might not even know exist.
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"We're able to do that because we buy directly from the brands, and we're able to cut out the middlemen in the traditional supply chain," said Lovelace.
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However, the middlemen are demanding bigger rebates in exchange for putting drugs on their formularies, which encourages drug companies to keep prices high to give bigger rebates.
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Cryptocurrency is a form of currency exchanged on a digital, peer-to-peer system, and it is transferred without traditional "middlemen" — banks, the government, and other lenders.
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The company operates what it says is the first farm-to-home milk marketplace, cutting out middlemen to reduce costs and providing a better quality of product.
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In Zambia, studies have found that a third of subsidised fertiliser never reaches the intended beneficiaries, and is probably resold commercially, with crooked middlemen pocketing the subsidy.
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It disintermediates the aforementioned brokers and middlemen, to help drivers and fleet owners recoup a higher portion of each order and gain access to potential new clients.
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As part of its plan to lower prescription drug prices, the Trump administration wants to force a major change in the way industry middlemen make their money.
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It's a small facility, but for more than a year it helped ISIS' war economy, dispensing crude to middlemen willing to risk being bombed to trade it.
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These are applications which allow users to interact with each other directly rather than having to go through any middlemen, Buterin said, explaining the project in 2014.
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Wai-chan Chan of Oliver Wyman, a consultancy, expects a shake-out in the distribution sector, as the two giants become middlemen for brands and physical stores.
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The startup is aimed at letting fans support their favorite actors and directors without middlemen—and potentially even own a chunk of movies or TV shows themselves.
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Ethereum distinguishes itself from other cryptocurrencies with so-called smart contracts—code that automatically executes transactions once specific conditions are met, eliminating the need for expensive middlemen.
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Drug companies, pharmacists and lawmakers have thrown pharmacy benefit managers into the spotlight, arguing the middlemen encourage the use of high-priced drugs to reap bigger profits.
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Drug companies have pointed the finger at middlemen in the health-care system, saying they not only benefit from rising drug prices but contribute to their increases.
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Armanna is both a defendant and prosecution witness in the trial in which Eni is accused of acquiring a Nigerian oilfield in 2011 by corruptly paying middlemen.
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The point was to allow the artistic collaborators on that single to be automatically paid their royalties by cutting out the middlemen with blockchain-based smart contracts.
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The firm dealt with more than 14,53 law firms, banks, incorporation agents and other middlemen to set up its clients' companies, trusts and foundations, the ICIJ reckons.
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Maybe we should end the costly structure of flood insurance, in which private companies sell it but the government pays; eliminating the middlemen could save precious dollars.
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Normally, banks would over the next month be releasing funds exporters could use to pre-finance the middlemen who purchase Ivory Coast's cocoa production directly from farmers.
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Prices stay steady, however, because of the many middlemen a stone must pass through before it's sold, from miners to polishers and cutters to traders and jewelers.
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The bills ban prescription drug middlemen from preventing pharmacies from telling customers they can save money on a drug if they pay with cash instead of insurance.
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Now, instead of selling their produce to middlemen, the farmers have learned to process the nuts themselves, from drying to shelling them and sealing them in packaging.
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How it works: The gist here is to rearrange existing discounts within the drug supply chain, usually by targeting the various middlemen between drug companies and patients.
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I call it cutting out all of the middlemen so you have more control over what the product is, to whom it's sold, and how profitable is.
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Since grain is ultimately sold into a fairly globalized commodity market, this kind of consolidation of middlemen, which can still happen today, wouldn't necessarily impact end consumers.
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Tusks are often sold to African middlemen who pay off corrupt government officials either to look the other way or to take part in the smuggling themselves.
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The list price is generally understood to be the sticker price set by a drug manufacturer, before discounts and rebates to middlemen and financial assistance to patients.
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She pays about 55 cents per ounce of hair, stuffed into plastic bags for family and neighbors to untangle and comb into bundles she sells to middlemen.
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The Ruiz family followed a characteristic narrative, migrating from family farms to cities and adopting the new American-style diet, not just as consumers but as middlemen.
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With the imposition of more extensive sanctions against Pyongyang, the Chinese middlemen, instead of being "scared off," attempt to monetize the increased risk by charging higher fees.
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While competition among drug companies helps to drive down costs, an increasing amount of the discount is captured by middlemen and isn't being passed on to consumers.
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But many of these proposals myopically take aim at the innovators and researchers who develop life-saving cures, but not the middlemen who piggyback off American innovation.
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But the drug distribution system is so complex — involving numerous middlemen and confidential negotiations for myriad rebates, fees and discounts — that manufacturers' list prices are almost meaningless.
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You've probably heard of Bitcoin, that digital currency and payment system created by a mysterious inventor nearly 10 years ago that eliminates the need for middlemen, i.e.
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The move underscores how funds-of-funds are scrambling to stay relevant as many original clients, including pension funds, are protesting high fees and bypassing these middlemen.
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The caterers are more like the middlemen that help airlines mass-produce thousands of meals a day; the airline's catering team is usually responsible for menu design.
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In 2018 The New York Times and Senator Ron Wyden's office found the carriers sold location information through a string of middlemen companies to government contractor Securus.
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As Osborne learned when she started selling Beanie Babies, middlemen like Joyce are often the ones who turn a fad into a sustainable business that creates jobs.
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And they often prefer to work with professional travel agents rather than parents and team managers, since the middlemen can add a layer of accountability and reliability.
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Our health care system is so clouded with insurance, government subsidies, and profit-seeking middlemen, that no one knows the real price of any given health service.
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They were brokerages run by Russian middlemen who took commissions for initiating mirror trades on behalf of rich people and businesses eager to send their money offshore.
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There are middlemen and companies that can verify the authenticity of goods and papers at any stage, but that makes the process more costly and time consuming.
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Amazon, looking to cut out the various middlemen between customers and its services, figured it could do the same … by launching a new smartphone platform in 43.
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The concern is that these middlemen will start losing volume because sales in general are going to the internet and because it's increasingly difficult to get pricing.
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We proved at trial that Nigro had ordered the Bruno murder, and that Freddy Geas was one of the middlemen who recruited Roche to do the hit.
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The other challenge facing new producers is distribution, which for larger, established farms usually involves dealing with middlemen selling products to supermarkets and stores around the country.
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But consumers are buying stones that have passed through many layers of middlemen: traders, polishers and cutters, who have absorbed much of the raw stones' price volatility.
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But consumers are buying stones that have passed through many layers of middlemen: traders, polishers and cutters, who have absorbed much of the raw stones' price volatility.
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And that is before pay is whittled down by middlemen, who connect workers to farms and often pocket more than the standard 10 percent cut of wages.
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In that system, they said, the middlemen and insurance companies demand discounts, rebates and other price concessions that are calculated as a percentage of the list price.
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Something else is most likely contributing to the rising price of insulin: a very powerful and largely invisible group of middlemen, known as pharmacy benefit managers, or P.B.M.s.
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Shares in healthcare companies that act as middlemen, like insurers and pharmacy benefit managers, fell when the news was first announced that the three companies would work together.
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At a scheduled meeting on central counterparties, which act as middlemen in swaps and trades, the Commodity Futures Trading Commission tried to steer the conversation away from Brexit.
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But drug companies, growing increasingly public in their battle with PBMs, may use the same figures to fuel their arguments that the middlemen help push list prices up.
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Because it increased the power of third-party payers, the Affordable Care Act was essentially a benefit to special interest groups such as insurance companies and other middlemen.
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It frequently started its travels as gifts from Chinese rulers to vassal states, before being traded by middlemen from places like India or Parthia, in modern-day Iran.
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It compels Bresch to hike the list price of its medicine, she says, so that Mylan can then rebate money to a long series of drug-supply middlemen.
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Primary dealers—middlemen between governments and investors in the public-debt market—expect almost $1trn of net issuance of new debt in the 12 months to September 2018.
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In the mid-'90s, Bill Gates and his co-authors wrote The Road Ahead about the friction-free economy of the future, where there wouldn't be these middlemen.
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"It's been more than a year since I first alerted the FCC to wireless carriers' outrageous practice of selling Americans' location data to shady middlemen," Senator Wyden said.
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Prosecutors said Socrates gave illicit commercial benefits to a construction company, LENA, in return for payments received via middlemen, who were also indicted, via a Swiss bank account.
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This has lead to a black market for Instagram verification, where middlemen who claim to have connections at the company charge as much as $15,000 to facilitate verification.
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When Motherboard purchased the location of a T-Mobile phone on the black market, that data access had trickled through a complex network of resellers and middlemen companies.
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Since then, land has also been traded informally, usually through middlemen who have subdivided plots of both government and private land and sold them on to the poor.
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"The process removes middlemen from the sale process, making it much more efficient, resulting in a better deal for both the car seller and the dealer," says Motorway.
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Health and Human Services Secretary Alex Azar intensified the Trump administration's attack on drug middlemen Tuesday, even suggesting the elimination of discounts that critics say inflate pharmaceutical prices.
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What resulted was Rags22Riches, a fashion house designed to cut out the middlemen and give artisans fairer wages by improving their designs and capturing a more affluent market.
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Kisan takes a cut from every transaction, which is no larger than 8% (something which Sanjay says is favorable to the typical cut from middlemen in the villages).
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With this strategy, the company has said it aims to increase direct-to-consumer sales, which are higher margin by nature, relying less on any so-called middlemen.
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Unlike some writers and artists who have used digital media to escape entirely from middlemen, most biologists tweeting with #ASAPbio want to maintain a relationship with traditional journals.
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Indeed, he initiated the planemaker's decision in 2014 to rip up a decades-old system of middlemen supporting jet sales, opening the door to British and French investigators.
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It does call for increased competition from generics — a push that's already well underway at the Food and Drug Administration — but focuses most of its attention on middlemen.
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Pharmacies need to be in the networks of pharmacy benefit managers (PBMs) — the middlemen of the drug supply chain — if they want to dispense drugs to most people.
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Pharmacy benefit managers — the middlemen in drug price negotiations — have been under siege since Donald Trump was elected last fall and vowed to go after rising drug costs.
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As it stands now, drug companies offer rebates, but a big part of that savings goes to PBMs, the middlemen between drug manufacturers and pharmacies and their patients.
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As early as 2016, news media profiles and interviews credited Jarvis with successfully concluding soccer transactions and being one of the key middlemen in deals with Chinese interests.
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But even true believers say the design of virtual currencies — meant to cut out middlemen and government authorities — has made bad behavior more prevalent amid this particular bubble.
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Last year, the Trump administration proposed a rule that would have forced these middlemen to reduce copays and coinsurance, thus sharing more of the discounts directly with patients.
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Cryptocurrency exchanges effectively act as middlemen in IEOs, performing functions such as due diligence on a project, "know your customer" (KYC) screening, marketing and selling tokens to customers.
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Multinationals that vie for contracts in "challenging" markets have been quietly hiring middlemen for decades, seeking help to navigate countries where they don't know the folkways or politics.
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Today, most investments in reforestation projects are done through middlemen, which increases opacity and the chance that projects are being double-counted or sold, according to Saez-Gil.
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Known as the Health Transformation Alliance, we're troubled by the number of middlemen who drive up the price of care, and by the soaring costs of prescription drugs.
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If we want to bend the cost curve for prescription drug prices, we must also scrutinize Pharmacy Benefit Managers (PBMs) -- the middlemen between the insurance companies and pharmacies.
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By putting bonds on the ballot, politicians are really asking voters to hike taxes, to enrich finance industry middlemen, and to make government budgets more complex and opaque.
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Buzzy companies like Casper, Glossier, and Away cut out middlemen and nixed the need for traditional brick-and-mortar spaces, all while cultivating mass followings on social media.
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About half of North Korean exports and imports go directly to and from China and most of the rest of its trade is handled indirectly by Chinese middlemen.
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The Wall Street Journal reported that prosecutors are looking to charge alleged Chinese middlemen, who are believed to have helped Pyongyang carry out the crime, in the case.
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I scrolled through Twitter, reading the comments from some of the city's most prominent voices celebrating this as a victory over awful, unscrupulous middlemen, and my heart sank.
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In New York City's intensely competitive rental market, tenants usually deal with middlemen known as brokers, who have near absolute control over apartment listings, viewing appointments and leases.
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Italian prosecutors allege that Eni and Shell bought the oilfield in 2011 knowing that most of the purchase price would be siphoned off to middlemen and local politicians.
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The question is whether the venture will try to do that by knocking out the middlemen who negotiate hospital networks and prices, and pharmacy benefit contracts with drugmakers.
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And now that Amazon owns its own chips, it can go straight to the manufacturers, cutting out middlemen chip designers such as Ambarella, which has powered GoPro products.
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Fostering ties with energy middlemen who owe their fortunes to Russia and exert considerable political influence is a classic Russian method seen in Germany, Ukraine and other countries.
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"We cannot sit with our hands crossed before the unscrupulous manner of middlemen who only think of earning more," he told party members, according to local news reports.
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There, she would pick and sort table grapes up to 12 hours, taking home as little as 27 euros a day, about $29, after middlemen skimmed her pay.
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Consequently, many industries from logistics to compliance to health care are adopting the technology as a solution to cut out the middlemen, automate contract execution and prevent fraud.
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Any sign that state-run importer Egyptian Natural Gas Holding would bar LNG of Qatari origin would probably push up spot prices sharply as middlemen seek alterative supplies.
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Some analysts were able to compose sound defenses, including that UnitedHealth's Optum service is already tackling costs and that the middlemen save costs by buying as a group.
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Once the backbone of America's health care system, primary care physicians have been overtaken by medical middlemen that drive up costs and get between doctors and our patients.
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Mr. Do said that the last time middlemen checked on Bandi, nine months ago, he was safe and was aware of his book's publication in the outside world.
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In Mumbai, scores of ateliers and export houses act as middlemen between the brands and highly skilled artisans, while also providing services like design, sampling and garment production.
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The United Nations sanctions meant Iran also relied increasingly on black markets and shadowy middlemen — targets the C.I.A. found comparatively easy to penetrate, according to two former officials.
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At its heart were top-tier men's basketball programs, shoe manufacturers and prized recruits, along with the sticky web of middlemen that laced so many of them together.
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SyrianAir experimented with that approach last year when it sourced a 17-year-old A340, hiding the deal behind a mountain of paperwork and middlemen in Kazakhstan and Chad.
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Eastern desperation and Western luxury are presented next to each other head on, with no middlemen in the form of politicians or the media for people to hide behind.
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And in theory that could generate significant revenue for Ticketmaster and the acts it works with, since they could cut out middlemen and sell tickets directly to the customers.
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This is in part because smugglers use networks of middlemen to conceal their shipments, and then move their goods to market from ports located away from the poaching hotspots.
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Authorities say the trading companies often used freelance middlemen to cover their tracks, allowing them to negotiate deals and pay off Petrobras collaborators using bank accounts in several countries.
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Alas, the vote-hungry politicians, stodgy bureaucrats, dreamy professors and opportunistic middlemen who often end up steering policy do not always succeed in making the most of scarce resources.
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Many farmers blame Modi for not fixing a price protection programme which barely covers 220 percent of India's 2220 million farmers, leaving most growers at the mercy of middlemen.
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Airbus took 90 million euros in other charges including compliance costs as it pursues a four-year-old investigation into the use of middlemen in aircraft and other sales.
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Industry officials and economists say there are deeper structural problems, from the lack of a long-term agricultural policy to a supply chain hindered by middlemen and arcane bureaucracy.
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Mylan CEO Heather Bresch's contention that the so-called middlemen are responsible for higher drug prices couldn't be "farther from the truth," Express Scripts' chief medical officer said Thursday.
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According to the report, middlemen use social media sites like WeChat to track down Amazon employees, offering them cash to turn over internal information or to delete negative reviews.
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Pandora threw in all of those restrictions so it could qualify as internet radio, and therefore only deal with a couple of middlemen that then dealt with individual artists.
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Whereas Western products such as Apple Pay typically piggyback off credit-card firms' networks to access clients' funds, China's firms often access bank accounts directly, cutting out the middlemen.
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Drug companies have cheered the Trump administration's proposed crackdown on industry middlemen, but some hedged this morning when asked whether that plan would cause them to lower their prices.
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Vincenzo Armanna is both a prosecution witness and a defendant in the trial in which Eni is accused of acquiring a Nigerian oilfield in 2011 by corruptly paying middlemen.
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The Trump administration last week proposed a ban on "backdoor deals" that pharmaceutical companies cut with middlemen who get preferred status for their drugs in Medicare's prescription drug plans.
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On Thursday, the administration unveiled a proposal that would ban so-called backdoor deals cut by pharmaceutical companies with middlemen who get preferred status for their drugs through Medicare.
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The shift could help Express Scripts and other pharmacy benefits managers (PBMs) bring prices down, and deflect growing criticism of their role as "middlemen" in the drug supply chain.
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Grassley and other lawmakers suspect these so-called backdoor deals between drug companies and pharmacy middlemen contribute to the high drug costs some consumers see at the pharmacy counter.
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Sokopepe has done the same to cut out middlemen in produce, linking farmers directly with bulk purchasers, eliminating brokers and increasing the amount farmers receive directly for their crops.
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It comes as Amazon investigates suspected data leaks from bribed employees, who are giving information to independent sellers — via middlemen — to help them gain an advantage in the marketplace.
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Most often, the creators of preferred pharmacy networks are pharmacy benefit managers — the drug middlemen who also happen to own those mail order pharmacies they're pushing patients to use.
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Competition may force down fees, while tech giants could cut out middlemen altogether: in China, Alibaba and Tencent connect buyers and sellers directly without the need for payment processors.
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In recent years, Olam has launched various initiatives to track commodities from farmers and right through middlemen and the supply chain — thus ensuring customers they are buying sustainable produce.
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The investigation found that the worker had been offered pay of 17,000 yen ($150) per day, but after middlemen took a cut he was getting only 73,000 yen ($70).
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Wilhelm has not been accused of wrongdoing and it was he who initiated the planemaker's decision in 2014 to halt a decades-old system of middlemen supporting jet sales.
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Hence co-ordinated global efforts are required to crack down on corporate anonymity and to stop the middlemen who make it so easy for crooks to launder their loot.
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Financial stresses are also mounting, especially on "sightholders", the family-run middlemen who buy rough diamonds and ship them to places like Antwerp and Mumbai for cutting and polishing.
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Many farmers blame Modi for not fixing a price protection program which barely covers 203 percent of India's 220 million farmers, leaving most growers at the mercy of middlemen.
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Between Lasalgaon and Mumbai, a distance of 220 km (135 miles), traders say onions pass through at least four layers of middlemen, adding a hefty margin at every stage.
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I chose this course of action because fake IDs and black market middlemen have made quickly verifying an individual's immigration status nearly impossible for even the most vigilant businesses.
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For the second job, she cut out the unscrupulous middlemen and went straight to a Singaporean recruitment agency, which found her the first of a series of good employers.
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President Donald Trump criticized middlemen in a speech introducing his plan to lower prescription drug prices, but the proposals his administration unveiled largely spared health-care companies massive reforms.
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Ben Shute of Hearty Roots said that there are financial risks for farmers in working through middlemen, and they are precisely the risks that C.S.A.s were designed to eliminate.
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The 90-page probe, reviewed by Reuters, alleged that Aceco paid 57 million reais in bribes to government officials, lobbyists and middlemen during various stages of 30 different contracts.
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These brokers belonged to an underground network of recruiters operating throughout the country who acted as middlemen between students and fraudulent schools known as visa mills, the government said.
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The promise of such a system is that it allows the exchange of money and assets more quickly and more cheaply than relying on a long chain of middlemen.
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The decision comes as the Trump administration intensifies pressure on healthcare industry "middlemen," such as PBMs, over practices it says increase the cost of prescription medicines for U.S. consumers.
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Homeowners figured the more house the better, whether or not their income could support the monthly payment, while greedy banks and middlemen were all too happy to encourage them.
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The People's Daily claimed Lai was part of a quartet of "secretive middlemen and modern traitors," as Beijing tried to blame the unrest in Hong Kong on foreign forces.
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Moiseev said current restrictions had not affected CAR's total output of diamonds, instead increasing the amount of diamonds sold illegally and generating profits for middlemen rather than local communities.
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Transparent prices will help employers eliminate counterproductive middlemen and develop new benefit designs, like contracting directly with providers, and payment models that incentivize employees to use lower-cost providers.
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Doug Collins, R-Georgia, have each introduced bills to require greater transparency from PBMs about prices and profit schemes, which is a good start toward reining in these middlemen.
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They're a favorite target of drugmakers, who say these middlemen want higher list prices, or advertised prices, so they can negotiate bigger rebates and squeeze higher profits from them.
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Cofco, the Chinese government-owned grain marketer, has leaped into the top tier of global trading houses, shoving aside the traditional middlemen to connect farmers directly to Chinese consumers.
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The experimental clinic — which features primary care, dentistry, and counseling services — is designed to provide lab tests and dental cleanings at 30-50% below competitors by cutting out middlemen.
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Senator Sheldon Whitehouse, Democrat of Rhode Island, said that drug manufacturers had performed a remarkable act of "political jujitsu," shifting the blame for high drug prices to the middlemen.
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We know from other cases of looted antiquities that middlemen often photographed their wares after receiving them from the tombaroli (grave-robbers) who dug them out of the ground.
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By cutting out middlemen, the company is able to charge between $219 and $459 for its collection, which is far less than you'd spend on a typical luxury watch.
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We explained that workers using the internet could cut out middlemen (or pimps) and tend to their own safety, creating internet blacklists and even complex screening databases and matching systems.
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Dispatchers may seem like sketchy middlemen, but they actually act as advocates, negotiating better rates and following up if riders believe restauranteurs are illegally taking portions of in-app tips.
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These countries then acted as middlemen, importing the saffron they could manage to get, repackaging it under their own domestic brand labels, and re-selling it on the global market.
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Cutting out middlemen seems not to have done much for smallholders: studies suggest that the share of international prices received by coffee farmers has barely budged over the past decade.
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The data generated by such channels about the programming and ads that customers like to watch is funneled to advertisers by a growing ecosystem of data brokers and other middlemen.
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Much of the expansion has occurred since Amazon started opening the floodgates to Chinese manufacturers, who previously had to count on middlemen, brands and private labels to reach global consumers.
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While middlemen have a reputation for operating like cartels and adding costs and complications, Pamitra said that in many cases they are actually farmers who help coordinate sales with others.
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Global finance is being transformed as billionaires get richer and cut out the middlemen by creating their own "family offices", personal investment firms that roam global markets looking for opportunities.
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Over time, Russia may stand to benefit from the adoption of blockchain tech by gaining machine-enforced organizational structures that cut out the middlemen, thereby becoming more efficient and reliable.
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Still, critics say these companies aren't doing enough to take on the burgeoning and sophisticated counterfeit industry, and because they act as middlemen, they've largely been allowed to avoid repercussions.
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Both the head of the red meat producers association, Bulent Tunc, and the chairman of the bakers association cited a web of middlemen as a major cause of price pressure.
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Todd and other buyers realised, with increased urgency, that the only way forward was to strengthen direct relationships with farmers and cut out the middlemen who were manipulating the market.
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The middlemen either fly the gold out directly or trade it across Africa's porous borders, obscuring its origins before couriers carry it out of the continent, often in hand luggage.
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And now that Amazon owns its own chips, it can go straight to the manufacturers, cutting out middlemen chip designers such as Ambarella Inc, which has powered GoPro Inc products.
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Eventually, the group found a new way to get the releases through the husband of Arkadiy's cousin, Valery Pychnenko who was able to meet the middlemen through his own channels.
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This could happen as a result of financial institutions' lending income getting squeezed and their intermediation function, or role as money middlemen between borrowers and depositors, is impaired, Kuroda said.
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"Pharmacy benefit managers and insurance companies have the opportunity to negotiate lower prices, but the American people don't know how much these middlemen pocket for themselves," Grassley and Wyden said.
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If the new sanctions deter some traders, others may fill the gap, especially Chinese middlemen attracted by high commissions for riskier dealings on behalf of North Korean state trading companies.
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"Its components are middlemen between these two major powers: the mining companies, the multinationals and others, they really rely on ... smooth trade relations to operate at an optimum," Odeluga added.
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"One reason why buyers from faraway places or different countries go through middlemen is because they rely on them to make sure farmers are following these good practices," he said.
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Prosecutors in Italy allege that the two oil companies knew that around $1.1 billion used for the acquisition of OPL 245 would be used to pay politicians, businessmen and middlemen.
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But lately, these small business healthcare professionals are struggling to keep their doors open because of after-the-fact payment clawbacks from pharmaceutical middlemen known as pharmacy benefit managers (PBMs).
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But it's more understandable when you consider one fundamental truth about ad blocking companies: They don't exist to block ads — they exist to serve as middlemen between ads and consumers.
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FROM "BREAKTHROUGH" TO "OPTIONAL" Drugmakers say pharmacy benefit managers such as OptumRx are middlemen that take too great a cut of the discounts they negotiate and ultimately drive prices higher.
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It has become a key technology in both the public and private sectors, given its ability to record and keep track of assets or transactions without the need for middlemen.
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The marketers, who copied and distributed the VHS tapes to the streets, decided to try to cut out the middlemen and make movies themselves, or to hire the cheapest purveyor.
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Such a skill can reduce their chances of falling prey to human traffickers because it allows them to earn money for their families without the help of potentially unscrupulous middlemen.
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Health and Human Services Secretary Alex Azar and Centers for Medicare & Medicaid Services Administrator Seema Verma have also both decried the rebate system, portraying the PBM industry as unscrupulous middlemen.
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Many fall victims to trafficking, paying hefty fees to middlemen who fail to secure legal work documents then scare them into sex work to pay off debts accrued en route.
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"As Amazon grows, there's less and less room for broad e-commerce sites that act as middlemen between buyers and sellers," says Zoe Leavitt, senior intelligence analyst at CB Insights.
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In a speech on Saturday, Raúl Castro warned that a multiparty system "would be the beginning of the end," and blamed "unscrupulous" middlemen for the high prices of basic goods.
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They could sell the same watches that other companies were hawking for about $203 for between $95 and $160 if they cut out the retail middlemen and primarily sold online.
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Small-time entrepreneurs set themselves up as middlemen, known as "bloodheads," buying blood from villagers and selling it on, but they heedlessly reused needles and failed to screen the blood.
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The government has said it wants to shave 1 percentage point off headline inflation via measures in the food supply chain, which is rife with middlemen and hindered by bureaucracy.
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Kentucky's governor is canceling dental and vision benefits for Medicaid beneficiaries, lawmakers are pressing drug plan "middlemen" about Trump's drug pricing promise, and the federal government is attacking ObamaCare exchanges.
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Pharmacy benefit managers, or PBMs, act as middlemen between insurance companies and pharmacies, determining which pharmacies fall within a participant's plan and negotiating the prices of medicines within each plan.
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A thriving black market in location data has persisted despite promises from carriers to stop selling it to middlemen, who divert it from intended uses in marketing and other services.
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They accuse Chinese and Lebanese middlemen of dominating the market by colluding to drive down prices and rigging their instruments to understate the weight and tenor of ore they buy.
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President Donald Trump chastised middlemen when he announced his administration's plan to lower drug prices last month, saying they "became very, very rich" and they "won't be so rich anymore."
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He excised the ideological middlemen and spoke directly to voters, who did not need to wrestle with coherent principles or define the nature of the relationship between citizen and state.
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What followed was a costly and messy process of legal proceedings, suspended licenses, mandatory rehab, and regulatory middlemen—a process that pushed Ng to decide to leave the field altogether.
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FROM "BREAKTHROUGH" TO "OPTIONAL" Drugmakers say pharmacy benefit managers such as OptumRx are middlemen that take too great a cut of the discounts they negotiate and ultimately drive prices higher.
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Then the internet arrived, and Google and Facebook became the middlemen between publishers and their readers, while leveraging that position to dominate digital advertising and decimate newspapers' advertising business model.
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The shipment on its way to Mexico had been sent through five separate freight forwarders, the nameless middlemen of international shipping, who handle all the paperwork and logistics of export.
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Consumers have grown accustomed to being told by insurers — and middlemen known as pharmacy benefit managers — that they must give up their brand-name drugs in favor of cheaper generics.
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But his administration also hit several walls, walking back a planned crackdown on pharmacy middlemen and defending in court its requirement for drugmakers to display list prices in TV ads.
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The merger also means that there will no longer be any independent pharmacy benefit managers in the U.S. These drug pricing middlemen negotiate drug prices between drug companies and insurers.
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Those factories, which are hired by middlemen to produce garments for fashion brands, paid their sewers as little as $2.77 an hour, according to a person familiar with the investigation.
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Although recruitment fees are illegal in the Emirates, migrant laborers were said to have paid as much as forty-one hundred dollars to middlemen in exchange for airfare and visas.
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Unlike HelloFresh, however, Blue Apron actually holds its own winery license, which means that it can cut out many of the middlemen that make the wine-buying process more expensive.
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Consumers have grown accustomed to being told by insurers — and middlemen known as pharmacy benefit managers — that they must give up their brand-name drugs in favor of cheaper generics.
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The company has also been thrown off balance by British and French investigations into the use of middlemen in plane sales and a widening Austrian probe into a fighter sale.
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But there lies the problem: Beijing's efforts have been for naught precisely because the costs that Chinese banks and middlemen bear for enabling North Korean trade have been so negligible.
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Adam J. Fein, chief executive of the Drug Channels Institute, said even though Merck's move was small, it reduces how much middlemen like wholesalers and pharmacy benefit managers are paid.
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In January, Motherboard reported that through a complex network of middlemen, AT&T, T-Mobile, and Sprint were selling location data that ended up in the ends of bounty hunters.
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The added cost runs as high as $30 or more per prescription, say pharmacists, and the money is largely being pocketed by middlemen who collect the added profit from local pharmacies.
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Besides Hong Kong, Singapore and China were among the busiest office for Mossack Fonseca, which worked with more than 13,200 banks, law firms, corporate secretaries and other middlemen in the territory.
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And in response to pressure, many are providing more data on the discounts and rebates they pay into the health-care system, to government insurers and middlemen including pharmacy benefits managers.
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The travel industry joins financial, mining, energy trading firms and others in looking at the potential for blockchain technology when it comes to simplifying processes, cutting out middlemen or tracking goods.
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But in many areas, these cryptoeconomic systems can replace that trust, and cutting out middlemen and their fees will allow users to exchange goods and services at a significantly lower cost.
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Spotify might hope that more artists work with it directly, cutting out the middlemen, but the record labels still provide some important marketing, radio promotion, and distribution services that artists need.
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Pharma was happy when President Trump first released his blueprint to lower drug prices, which mainly targeted industry middlemen, not drugmakers, and relied on private-sector competition, not direct government intervention.
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These online peer-to-peer marketplaces were intended to remove the middlemen and brick-and-mortar costs associated with car dealerships, connecting people within their communities to buy and sell automobiles.
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It could take aim at the system of rebates, huge incentive payments that prescription-drug manufacturers provide to middlemen such as PBMs, but which do not usually trickle down to patients.
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They eat the same thing everyday—we could make the food fresh, skip the middlemen, and deliver a product that's truly healthy, affordable, and simply not available in traditional retail channels.
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Placement agents are middlemen who broker business for firms looking to manage money for retirement systems; several years ago, they were part of an ugly corruption scheme in New York State.
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The administration has floated three controversial ideas: making drug companies put prices in their TV ads; importing European price controls for part of Medicare; and restructuring the role of industry middlemen.
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Though VICE News could not independently verify their claims, multiple sources on the ground have accused the Syrian military of commandeering food and selling it, often through middlemen, for exorbitant prices.
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The company makes POS devices that are more lightweight and affordable than traditional service providers, while it cuts out middlemen to offer its own customer services to reduce complication and cost.
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The first defector, who uses a clandestine money channel, typically works with middlemen who wire money to banks in China, where it is collected by agents and carried across the border.
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Airbus also warned about potentially significant fines resulting from existing bribery investigations in Britain and France over the use of middlemen in jetliner sales, which have triggered a sweeping internal investigation.
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NESAR AHMED spent over a month on the Iranian side of the mountainous Turkish frontier, forced to move from one safe house to another, beaten and extorted by smugglers and middlemen.
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Pharmacy benefit managers (PBM) — the "middlemen" in drug price negotiations — are under attack, and, for the past 15 years, Mark Merritt has been the point man in charge of defending them.
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Nearly a third of the food meant for the poor gets stolen every year, with middlemen, traders and government employees colluding to sell the produce in the open market, economists estimate.
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Why it matters: The merger means that there will no longer be any independent pharmacy benefit managers in the U.S. These drug-pricing middlemen negotiate prices between drug companies and insurers.
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Activists point out that, if the fashion titans wanted to help in a big way, they should cut out the middlemen by acquiring the sewing mills and turning them into subsidiaries.
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Vertical integration unlocks supply chain efficiencyTraditional retail models incur huge middlemen costs, which in turn causes the product to often be significantly marked up by both the distributor and the retailer.
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The merger also means that there will no longer be any independent pharmacy benefit managers operating in the U.S. These drug pricing middlemen negotiate drug prices between drug companies and insurers.
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Others, including those concerned those data middlemen aren't themselves secure, want the MDS project to be taken out of LA's hands and transferred to an academic institution or another outside group.
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His conviction, by a lower court, was an attempt to show the Iranian public that, with the lifting of sanctions in January, the days of the sanctions-skirting middlemen are over.
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This information is closely held by the middlemen who manage prescription drug benefits for insurers, drugmakers and insurers, and was not even provided to DeGette and Reed's offices, the report said.
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A member of its board hails from venerable security company ADT, and it may be possible to get into the system of security middlemen who equip and plan deployments for locations.
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Di Iorio's hire at TSX came as stock exchanges were embracing blockchain, which allows Bitcoin users to conduct secure transactions without middlemen, as they seek to diversify and boost profit margins.
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The big picture: Drug companies and middlemen like pharmacy benefit managers have been enemies as of late, each side pointing to the other as the root cause of high drug prices.
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Both insurers and pharmacy benefit managers serve as middlemen for employers and governments, and the proposed mergers are an attempt to convince their customers that they are working to reduce costs.
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It is swarming with scouts and agents and middlemen, all hoping to snare the New World's next big thing and sell him on to the Old World at a hefty profit.
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For decades, natural gas subsidies had left Ukraine vulnerable to Russian meddling, as the gas companies whose pipelines enter Ukraine from Russia and the Kremlin had insisted on dealing through middlemen.
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And yet the trade-off is rarely as simple as theory predicts, because farmers connected to markets by rutted roads are often at the mercy of a small number of middlemen.
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An article last Sunday about oil-industry middlemen quoted incorrectly from comments by a spokesman for Britain's Serious Fraud Office about its success in bringing cases under the country's Bribery Act.
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Instead of relying exclusively on middlemen (cable system operators, multiplex chains) to get shows and movies to viewers, traditional entertainment companies are for the first time selling content directly to consumers.
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Subsequent stories by ZDNet and Vice Motherboard revealed an industry of middlemen that acquired location information from AT&T, Sprint, T-Mobile, and Verizon and resold it to companies like Securus.
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That did not mean lowering the list price of the drug, but rather negotiating rebates that were paid not to the patients but to insurers and middlemen such as CVS Caremark.
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The goal of the business model is easier to understand: to let consumers take control over their own energy supply and eliminate nuisances most people understand — utility middlemen, fees and bureaucracy.
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Cardinal Angelo Becciu, also a former top official of the Secretariat of State, said on Monday the value of the London investment had tripled but that unspecified middlemen had behaved improperly.
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Cardinal Angelo Becciu, also a former top official of the Secretariat of State, said on Monday the value of the London investment had tripled but that unspecified middlemen had behaved improperly.
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That was made obvious when Motherboard revealed that mobile carriers routinely collect your daily location data and sell it to a long list of often dubious middlemen, often with no oversight.
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The company said the drug's sales were slightly hurt by higher rebates that drugmakers offer to middlemen such as pharmacy benefit managers to make sure patients have access to their products.
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That did not mean lowering the list price of the drug but rather negotiating rebates that were paid not to the patients, but to insurers and middlemen such as CVS Caremark.
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According to an investigation that year by Andrew Cuomo, then the state attorney general, the pension money had been obtained in part through improper payments to middlemen by a Carlyle affiliate.
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In 2016, another fake university, the University of Northern New Jersey, captured headlines after authorities revoked the visas of more than 1,000 students and indicted 21 middlemen who helped recruit them.
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Different than e-commerce, DNVBs sell products online directly to consumers and maintain control and transparency through each stage of the production and distribution process, all without the involvement of middlemen.
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The Russians had no idea that, as part of his other dealings, Bouvier had also been an intermediary in the Chagall deal, which had been a messy transaction, involving several middlemen.
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Medicare-for-all can upgrade coverage while lowering costs by cutting out the insurance middlemen who currently drain hundreds of billions annually from our health care system but add no value.
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Federal prosecutors are building cases that would target Chinese middlemen who prosecutors believe helped North Korea orchestrate the theft, according to The Wall Street Journal, which earlier reported the potential charges.
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Mr. Dean was arrested in 2017 on charges he accepted gifts and favors from middlemen in exchange for gun permits that are difficult to obtain; he ultimately pleaded guilty to bribery.
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The report also found records indicating that 1,924 companies, including banks, law firms, and other middlemen that facilitate the creation of offshore companies for Mossack Fonseca operate in the United States.
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The Trump administration says the current arrangements encourage drug makers to set high list prices so they can pay larger rebates to insurers and the middlemen, known as pharmacy benefit managers.
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As public pressure mounted, drug companies have blamed middlemen, including pharmacy benefit managers (PBMs) and health insurers, for not passing discounts and rebates they demand off high list prices to consumers.
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The administration of U.S. President Donald Trump has said it is looking at how so-called industry middlemen and pharmacies such as Express Scripts and CVS impact drug costs for U.S. consumers.
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Tracing the source of contaminated lettuce can be difficult because it's often repackaged by middlemen, said Sarah Sorscher, deputy director of regulatory affairs at the Center for Science in the Public Interest.
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There's bipartisan support for tackling rising drug costs, but drug makers clearly want to maintain the status quo and have tried to turn attention to wholesalers and middlemen in the supply chain.
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TIRRELL: ONE OF THE THINGS THAT YOU REALLY I THINK BROUGHT UP AS PART OF THIS CONVERSATION IS REALLY THE ROLE THROUGHOUT THE SYSTEM OF DRUG PRICES AND PARTICULARLY OF THE MIDDLEMEN.
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The 290 deal is also the subject of a corruption trial in Milan in which two middlemen have been convicted and former and current Shell and Eni officials are also on trial.
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That's important for anyone looking to avoid involving middlemen (and their associated time and cost inefficiencies), and it's also an appealing prospect for any firm looking to make data storage easily auditable.
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Just like in the spyware and weapons industries, working with middlemen allows the company to sell their software products to immigration authorities while distancing themselves from the ways their technology is used.
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Taken by middlemen, these photographs were shared with potential buyers over social media networking sites from Facebook to Whatsapp, unintentionally providing crime investigators like Thompson with traces of the looted object's history.
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But the bid also raised the specter of consolidation among chocolate makers, which could create larger buyers of commodities including cocoa and sugar, worrying middlemen who have already seen their margins squeezed.
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State Medicaid programs believe they are being ripped off on drug prices, and pharmacy benefit managers — the middlemen that negotiate drug prices on behalf of insurers and employers — are in their crosshairs.
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Still, this bout of litigation over lethal-injection cocktails was important because of the role of drug companies, two of which filed objections to the use of products apparently procured through middlemen.
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You can get around this with "relays" in between you and the device you want to connect to, but that's assuming there are middlemen devices to pass data through to begin with.
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PARIS (Reuters) - Airbus directors publicly backed Chief Executive Tom Enders on Thursday in the face of European investigations into the use of middlemen in airplane sales and a $2 billion fighter deal.
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This new move from Epic is certainly in line with the stance it's taken on platform owners since the launch of Fortnite, and it all aligns with Sweeney's outspoken distaste for middlemen.
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It is spending on infrastructure and is seeking to weed out middlemen by giving farmers an option of selling their goods across India via electronic trading platforms set up at wholesale markets.
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The 2011 deal is also the subject of a corruption trial in Milan in which two middlemen have been convicted and former and current Shell and Eni officials are also on trial.
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The Milan judge made the comment in her written reasons for the September conviction of Nigerian Emeka Obi and Italian Gianluca Di Nardo, both middlemen in the OPL 245 deal, for corruption.
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If Flynn's firm did in fact hide the source of funding and paid middlemen to help cover the tracks, it would open Flynn up to a variety of criminal charges — including fraud.
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The collapse of the mega-merger between Fiat-Chrysler and Renault was the latest piece of bad news for lawyers, advisers and other middlemen who make their living brokering corporate tie-ups.
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In recent years, telecom giants like Verizon have been repeatedly caught covertly spying on customers and selling your private location data to a long chain of dubious middlemen, often with little oversight.
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Would take a swipe at a flawed rebate system, but push middlemen to raise premiums — which federal actuaries said could raise Medicare spending as much as $196 billion over the next decade.
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The ejiao industry is putting substantial financial resources into the development of donkey-breeding farms in China so that it doesn't have to rely on middlemen scouring the earth for raw materials.
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Eni is accused of buying the Nigerian oilfield in the knowledge that the vast majority of the $1.3 billion purchase price would be siphoned off to agents and middlemen in corrupt payments.
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Trump's remarks on drug pricing came after the administration proposed a ban on so-called backdoor deals cut by pharmaceutical companies with middlemen who get preferred status for their drugs through Medicare.
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Cigna, CVS Health, UnitedHealth Group – Shares of prescription drug companies fell after the White House called for a ban on "backdoor deals " that the companies pay to middlemen under the Medicare system.
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Most notably that's a long supply chain that adds cost — prices increase as more middlemen take their cut — and means that vegetables are less fresh by the time they reach the hawker.
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What is important is that the trade itself reveals something about the Islamic State's operational infrastructure, its links with partners and middlemen, and how the group is exploiting the local civilian population.
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The 850 families, 95 percent of whom are native, grow cacao in their chacras and the cooperative pays them directly, well above the above the amount typically paid by traders and middlemen.
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The company's self-disclosure of "misstatements and omissions" regarding the use of middlemen to help win contracts prompted Britain's Serious Fraud Office (SFO) to launch a bribery and fraud investigation last year.
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There is no reason for student loan servicer middlemen to exist; the government surely knows how to take a payment, as it controls the world's largest collections agency, the Internal Revenue Service.
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Angola is the world's fifth-largest producer of diamonds but miners have long complained that they are forced to sell their stones below international prices to politically connected middlemen, dragging on profits.
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The change in plan comes partly because Amazon has not been able to convince big hospitals to change their traditional purchasing process, which typically involves a number of middlemen and loyal relationships.
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Taking control of the development process could help Clover cut out the middlemen in the pharmacy supply chain that tack on fees and also develop drugs that are tailored to its customers.
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This film, based on actual events, tells the story of two 235-somethings who establish themselves as weaponry middlemen, bidding on Pentagon contracts, and soon find themselves in ridiculously over their heads.
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Drug companies also argued that list prices don't reflect what patients actually pay for the drug, because those figures don't reflect the discounts negotiated between insurers and middlemen, or patient assistance programs.
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By selling directly rather than through retail middlemen, the company also creates a connection with customers that allows it to test and develop new products — it now sells sheets and pillows, too.
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"While @Verizon & @ATT have now pledged to stop selling customer location data to shady middlemen, @TMobile & @sprint seem content to keep selling customers' private information, Americans' privacy be damned," the senator wrote.
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Agora for Good, Ms. Campbell says, is targeting donors who seek a more tech-savvy, effective way of interacting with their philanthropy — many of whom are millennials — without middlemen like philanthropic advisers.
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This film, based on actual events, tells the story of two 20-somethings who establish themselves as weaponry middlemen, bidding on Pentagon contracts, and soon find themselves in ridiculously over their heads.
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They will return tomorrow to scrape the opium paste that oozes out, which will be combined and sold to middlemen, processed into heroin and sent north to addicts in the United States.
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In cases where financial access is more restricted, North Korean agents use bulk cash and gold to circumvent the financial system entirely, and at times use foreign citizens as middlemen and facilitators.
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With sanctions lifted, Iranian officials, determined to get full control of Iran's international trade, have said that no tolerance will be shown for middlemen to get involved in the country's international purchases.
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The three former Credit Suisse bankers, along with two middlemen and three Mozambican government officials, were charged in 2018 for money laundering and defrauding U.S. investors who had invested in the loans.
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Wealth management products on paper are not backed by the government, but state-run banks act as middlemen and sell them to small investors, giving many people the perception that they are.
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