The Indian Competition Authority fines state association of chemists and issues advisory to pharmaceutical companies to cooperate in ceasing the practice of "No Objection Notices" (All Kerala Chemists & Druggists Association)

CCI issues advisory to Pharma companies while imposing penalty on All Kerala Chemists & Druggists Association and its office bearers* The Competition Commission of India vide its recent order dated 31.10.2017, while imposing penalty on the All Kerala Chemists & Druggists Association and two of its district units in Thrissur and Kasargod and their office bearers for continuing with the forbidden practice of obtaining NOC by the Pharma companies before appointing new stockists, has for the first time, issued a general direction and advisory to the pharma companies to come forward and report any such demand from the Associations to the Commission. The Competition Commission of India CCI’ vide its order dated 31.10.2017) has issued a stern advisory to all pharmaceutical companies

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  • Vaish Associates, Advocates (New Delhi)

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Man Mohan Sharma, The Indian Competition Authority fines state association of chemists and issues advisory to pharmaceutical companies to cooperate in ceasing the practice of "No Objection Notices" (All Kerala Chemists & Druggists Association), 31 October 2017, e-Competitions Bulletin October 2017, Art. N° 87869

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