{"license":"https://creativecommons.org/licenses/by/4.0/","dataset":"definitions","count":1,"filters":{"market":"us-pharmacy-benefit-management","matched":true,"marketId":"mkt-pbm","slug":"us-pharmacy-benefit-management","name":"U.S. pharmacy benefit management"},"rows":[{"id":"def-pbm","marketId":"mkt-pbm","productBoundary":"Pharmacy benefit management services represented by prescription processing","geographicBoundary":"United States","measurementBasis":"FTC-reported aggregate shares of prescriptions processed","denominator":"U.S. prescriptions processed by the PBMs covered in the FTC public findings","included":"Top-three and top-six aggregate concentration facts","excluded":"Individual PBM shares sufficient to construct a complete firm distribution","metricFamily":"aggregate_concentration","definitionStatus":"agency_defined","crossMarketUse":"not_comparable","timeSeriesUse":"snapshot_only","sourceId":"ftc-pbm-interim-2024","dataYear":2023,"confidenceLevel":"high","methodologyNote":"Publish the FTC aggregate concentration facts and withhold HHI until individual citable PBM shares are available.","limitations":"Top-three and top-six aggregates do not identify the individual firm shares needed to calculate HHI.","marketSlug":"us-pharmacy-benefit-management","marketName":"U.S. pharmacy benefit management","marketShortName":"PBMs","sector":"Health care","geography":"United States","marketNaicsCode":"524292","industryHref":"/industries/524292","crosswalkHref":"/markets/economy?bridgeMarket=us-pharmacy-benefit-management&bridgeNaics=524292#market-industry-crosswalk","sourceTitle":"Pharmacy Benefit Managers: The Powerful Middlemen Inflating Drug Costs and Squeezing Main Street Pharmacies","sourcePublisher":"Federal Trade Commission","sourceUrl":"https://www.ftc.gov/news-events/news/press-releases/2024/07/ftc-releases-interim-staff-report-prescription-drug-middlemen","sourceAccessDate":"2026-05-16","sourceProfileHref":"/sources/ftc-pbm-interim-2024"}]}