The UK Competition Authority publishes full decision on excessive pricing in the pharmaceutical sector and focuses on intention and evidence (Pfizer / Flynn)

The CMA’s decision relies heavily on evidence of the parties’ intentions in applying competition rules. On 15 June 2017, the UK Competition and Markets Authority (CMA) published the full non-confidential version of its decision to fine Pfizer and Flynn a record £84.2m for their excessive and unfair pricing of phenytoin sodium capsules (used in treating epilepsy) in the UK. The CMA’s reasoning focuses heavily on the fact that both the parties had no reasonable explanation for the price increase (for

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Authors

  • Burges Salmon (London)
  • Simmons & Simmons (London)

Quotation

Nathdwarawala Shachi, Ajit Kainth, The UK Competition Authority publishes full decision on excessive pricing in the pharmaceutical sector and focuses on intention and evidence (Pfizer / Flynn), 7 December 2016, e-Competitions December 2016, Art. N° 84760

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