The Lisbon Commerce Court confirms decision against bid-rigging cartel by pharmaceutical companies but substantially reduces fines (Abbott, Menarini and Johnson & Johnson)

On 7 January 2010 the Lisbon Commerce Court upheld a 2008 decision by the Portuguese Competition Authority (PCA) imposing a € 13.4 million fine on pharmaceutical companies Abbott, Menarini and Johnson & Johnson for participating in a bid-rigging cartel. Back in 2005 the PCA fined the pharmaceutical companies €16 million for participating in two bid-rigging cartels related to public tenders held by

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Miguel Mendes Pereira, Nuno Carrolo dos Santos, The Lisbon Commerce Court confirms decision against bid-rigging cartel by pharmaceutical companies but substantially reduces fines (Abbott, Menarini and Johnson & Johnson), 7 January 2010, e-Competitions Bulletin Competition in the Pharmaceutical sector, Art. N° 30637

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