A far-reaching lawsuit filed Friday by the attorneys general of more than 40 states accused some of the nation\u0026#039;s largest generic drug manufacturers of conspiring to inflate prices, in some cases by over 1,000 percent.\u0022We have hard evidence that shows the generic drug industry perpetrated a multi-billion dollar fraud on the American people,\u0022 Connecticut Attorney General William Tong, whose state led the probe into the companies\u0026#039; practices, said in a statement.\u0022Teva and its co-conspirators embarked on one of the most egregious and damaging price-fixing conspiracies in the history of the United States.\u0022 —Lawsuit\u0022We have emails, text messages, telephone records, and former company insiders that we believe will prove a multi-year conspiracy to fix prices and divide market share for huge numbers of generic drugs,\u0022 said Tong.The suit names 20 major drug manufacturers—including Pfizer, Teva, Novartis, and Mylan—as well as more than a dozen senior executives, who the complaint accuses of deleting evidence after the states began their investigation in 2014.\u0022The industrywide scheme affected the prices of more than 100 generic drugs,\u0022 the New York Times reported Saturday, \u0022including lamivudine-zidovudine, which treats H.I.V.; budesonide, an asthma medication; fenofibrate, which treats high cholesterol; amphetamine-dextroamphetamine for ADHD.; oral antibiotics; blood thinners; cancer drugs; contraceptives; and antidepressants.\u0022Americans pay far more for prescription drugs than the people of any other industrialized nation. Alluding to this fact, Colorado Attorney General Phil Weiser—who joined the multi-state lawsuit—tweeted on Saturday: \u0022If you are angry about rising drug prices, you should be. Particularly because a major cause of price increases is illegal collusion by generic drug companies.\u0022If you are angry about rising drug prices, you should be. Particularly because a major cause of price increases is illegal collusion by generic drug companies. The @COAttnyGeneral is joining with other AGs to hold these companies accountable. https://t.co/KWWY5kuQvQ— Phil Weiser (@pweiser) May 11, 2019As the Washington Post reported, the 465-page lawsuit accuses drug company executives of \u0022coordinating consistently to obstruct\u0022 government investigations into drug prices, including after Rep. Elijah Cummings (D-Md.) and Sen. Bernie Sanders (I-Vt.) launched a probe into generic drug pricing in 2014.\u0022Apparently unsatisfied with the status quo of \u0026#039;fair share\u0026#039; and the mere avoidance of price erosion, Teva and its co-conspirators embarked on one of the most egregious and damaging price-fixing conspiracies in the history of the United States,\u0022 states the complaint.