The U.S. Supreme Court decided FTC v. Actavis, Inc. on June 17, 2013.

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Using the case, describe the following:

1. The facts of the case (summarized)

2. The lower court’s rulings

3. The Supreme Court’s decision

4. Pay-for-delay and how it works

5. A “reverse payment settlement” and how it works

Address how the pay-for-delay and reverse-payment methods impact patent and antitrust laws. Using one of the ethical tests you have learned (Blanchard and Peale, Laura Nash, etc.), explain whether you believe pay-for-delay is an ethical approach or not.

Page length—3 to 5 pages, normal margins, double-spaced.

Use 1 to 2 research references (credible sources—no Wikipedia or a law firm blog); add bibliography.

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