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Jan18
European Commission Raids - Anticompetitive Conduct
The following is not meant to be legal advice.

 

 

European Commission (EC) antitrust regulators on January 15, 2008 commenced a probe into pharmaceutical industry practices. The EC was determining whether anticompetitive conduct led to fewer pharmaceutical products released to the market in Europe, and whether there were delayed generic entry. EC regulators inspected documents at the premises of pharmaceutical companies.

 

They also investigated non-European companies operating in Europe.   The inspections were unannounced.  Some attorneys say it seems to be a focus stemming from patent settlement agreements between brand and generic drug companies.  Such cases were also the focus of the United States (U.S.) Federal Trade Commission (FTC).  In investigations, the EC informed it is working with U.S. antitrust regulators.

 


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