The COMPAT reverses the fine against a professional association and its compliant pharmaceutical member company for anticompetitive agreements (Maruti & Company / KCDA Karnataka Chemists & Druggists Association / Lupin)

COMPAT set asides penalty imposed on Lupin and its office bearers* COMPAT vide order dated December 07, 2016 while setting aside the order dated July 28, 2016 of CCI has quashed the penalty of Rs 73 Crores imposed on Lupin Ltd. (“Lupin”) and its two officials for alleged anticompetitive agreement between Lupin and the Karnataka Chemists and Druggists Association (KCDA) for refusal to supply drugs to the respondent No. 2 i. e.

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  • Vaish Associates, Advocates (New Delhi)

Quotation

Man Mohan Sharma, The COMPAT reverses the fine against a professional association and its compliant pharmaceutical member company for anticompetitive agreements (Maruti & Company / KCDA Karnataka Chemists & Druggists Association / Lupin), 7 December 2016, e-Competitions Bulletin Competition in the Pharmaceutical sector, Art. N° 87883

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