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UK: Pharma firms accused of illegal agreements

 |  February 28, 2019

The Competition and Markets Authority (CMA) has provisionally found that, from July 2011 to April 2015, the sole supplier of hydrocortisone tablets in the UK, Auden Mckenzie, and its rival, Waymade, entered into anti-competitive agreements.

This may also have involved Auden Mckenzie abusing its dominant position by making monthly payments to Waymade not to enter the market. The CMA has today issued its concerns in a ‘Statement of Objections’ to the companies involved.

As a result of this alleged anti-competitive behavior, the CMA believes the NHS was denied a choice of suppliers and the potential savings resulting from increased competition.

Full Content: Gov UK

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