European Commission and National Authorities Take a Stand Against Excessive Pricing by the Pharmaceutical Industry
By: Hendrik Viaene and Karolien Van der Putten (Antitrust Alert)
The European Commission and national competition authorities (NCAs) are very actively fighting a number of anticompetitive practices in the pharmaceutical industry. Enforcing the prohibition against excessive pricing has become a particular area of focus for competition authorities in Europe.
The European approach to excessive pricing differs from that followed in the United States, where excessive pricing does not amount to a violation of antitrust laws.
In the European Union (and the United Kingdom, for now), dominant businesses are not allowed to directly nor indirectly impose unfair purchase or selling prices. The Court of Justice of the European Union (CJEU) has established a two-pronged test for use in investigating excessive pricing…
Featured News
Swisscom’s Fastweb-Vodafone Italia Merger Gains Momentum with Antitrust Approval Pending
Nov 24, 2024 by
CPI
Novo Holdings Nears EU Approval for $16.5 Billion Catalent Acquisition
Nov 24, 2024 by
CPI
Australia Drops Plan to Fine Tech Giants for Misinformation Spread
Nov 24, 2024 by
CPI
Michael Jordan’s Racing Team Drops Antitrust Appeal Against NASCAR
Nov 24, 2024 by
CPI
EU Closes Apple E-Book Antitrust Probe After Complaint Dropped
Nov 24, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Remedies Revisited
Oct 30, 2024 by
CPI
Fixing the Fix: Updating Policy on Merger Remedies
Oct 30, 2024 by
CPI
Methodology Matters: The 2017 FTC Remedies Study
Oct 30, 2024 by
CPI
U.S. v. AT&T: Five Lessons for Vertical Merger Enforcement
Oct 30, 2024 by
CPI
The Search for Antitrust Remedies in Tech Leads Beyond Antitrust
Oct 30, 2024 by
CPI