DG Comp ordered to re-examine GSK pricing conditions

Premium Article - Tuesday, 06 October 2009

DG Comp must take another look at GSK's pricing
Europe’s highest court has ordered the European Commission to reconsider its decision that pharmaceutical company GlaxoSmithKline’s parallel pricing policy in Spain is not exempt from competition rules.

China approves Pfizer/Wyeth

Premium Article - Tuesday, 29 September 2009

Pfizer has received clearance in China for its Wyeth purchase
China’s Ministry of Commerce (MOFCOM) has cleared pharmaceutical company Pfizer’s acquisition of Wyeth, subject to conditions.

Kroes warns of new pharmaceutical investigations

Premium Article - Tuesday, 29 September 2009

Europe’s competition commissioner, Neelie Kroes, today told drugmakers to expect new investigations into the pharmaceutical industry in a speech to the Committee on Economic and Monetary Affairs.

Abbott to acquire Solvay

Premium Article - Monday, 28 September 2009

US pharmaceuticals company Abbott is to acquire Belgium-based Solvay’s pharmaceuticals business for €4.5 billion, the company announced today.

Lawmakers ask FTC to revisit CVS/Caremark

Premium Article - Wednesday, 16 September 2009

Eight congressmen on Monday asked the US Federal Trade Commission to reopen its investigation of pharmacy chain CVS’s 2007 merger with pharmacy benefit company Caremark. 

New Zealand Supreme Court takes shot at subpoena power

Premium Article - Friday, 28 August 2009

The Supreme Court of New Zealand has told the Commerce Commission it overstepped its power when issuing a subpoena to AstraZeneca during an investigation of the pharmaceutical sector.

California approves pay-for-delay in Cipro case

Premium Article - Thursday, 27 August 2009

A California state court has granted pharmaceutical company Bayer’s motion to dismiss an antitrust claim by indirect purchasers of its branded antibiotic Cipro.

Pharmacies sue to stop Pfizer/Wyeth

Premium Article - Tuesday, 25 August 2009

A group of California pharmacists have filed suit in a San Francisco court in an attempt to prevent pharmaceutical companies Pfizer and Wyeth completing their US$68 billion merger. 

CSL and Baxter hit with twin antitrust suits

Premium Article - Monday, 24 August 2009

US health-care provider Solaris Health Systems has filed a proposed antitrust class action alleging biotherapeutics companies CSL and Baxter International conspired to fix the price of life-saving blood plasma treatments.

Parties respond to DoJ's Cipro brief

Premium Article - Tuesday, 18 August 2009

Pills
Pharmaceutical companies Bayer and Barr have challenged a US Department of Justice antitrust division brief in a US appellate court, which said reverse payment settlements between brand and generic drugs companies are “presumptively unlawful”.

FTC hits Watson/Arrow with second request

Premium Article - Monday, 10 August 2009

The US Federal Trade Commission has asked Watson Pharmaceuticals and its rival Arrow Group for more information about their proposed merger.

Canada: Cross-border sales of pharmaceuticals spawn private actions

Premium Article - Thursday, 01 July 2004

Three companies have sought leave to bring proceedings against three major pharmaceutical companies under refusal to deal provisionsJohn Clifford McMillan Binch LLP

Canada: Bureau decisions in the coal, beer and pharmaceuticals sectors

Premium Article - Tuesday, 01 July 2003

The Competition Butreau decided not to challenge the Fording merger in the coal sector as it was satisfied the deal was not anti-competitive; in Quebec it launched an inquiry into the local beer market; and it filed a consent agreement with the Competiton Tribunal addressing competition concerns in Pfizer/Pharmacia.Mark Opashinov and John CliffordMcMillan Binch LLPToronto

Italy: Autorita turns spotlight on pharmaceuticals

Premium Article - Monday, 01 June 1998

Parallel behaviour on prices can be very lucrative in this sector where, because of the essential nature of pharmaceuticals, demand is very stable. More often than not, demand is determined by the doctor who prescribes the medicine rather than by the consumer. The problem of proving parallel conduct has always been a topical issue in competition law. In the absence of hard evidence pointing to contact between undertakings, it is likely that the Authority will rely on the Dyestuff case, in which the ECJ stated that price increases which are very similar in timing and rate of price change cannot be explained by independent market forces.Salvatore LamarcaFreshfieldsMilan

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