CASE COMMENTS: UNILATERAL PRACTICES - ABUSE OF DOMINANCE - EXCESSIVE PRICING - BEHAVIOURAL COMMITMENTS

Excessive pricing: The European Commission accepts commitments of a company to reduce prices in cancer drug sector (Aspen)

See also, Law & Economics Webinar organised by Concurrences "Excessive prices in the pharmaceutical sector in the EU: The Aspen Decision", in partnership with Covington & Burling and CRA, with Miranda Cole (Partner, Covington & Burling), Raphaël de Coninck (Vice President, CRA), Horst Henschen (Of Counsel, Covington & Burling), Harald Mische (Case Handler - Antitrust: Pharma and Health services, DG COMP), Lluís Sauri Romero (Head of Unit - CET, DG COMP) and Tom Viebig (Case Handler - Antitrust: Pharma and Health services, DG COMP).

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. The use of commitments in abuse of dominance cases is now commonplace. However, some commitment decisions attract attention. This is the case of the decision of 10 February 2021, in which the European Commission accepted commitments proposed by Aspen Pharmacare Holdings Ltd and Aspen Pharmacare Ireland Limited (Aspen) and leading to a reduction in the prices charged on anti-cancer drugs. It will be recalled that the European Commission had announced, on 17 May 2017, the opening of a formal investigation procedure due to competition concerns regarding a possible abuse of dominant position linked to pricing practices of the company Aspen on several so-called

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

Quotation

Marie Cartapanis, Excessive pricing: The European Commission accepts commitments of a company to reduce prices in cancer drug sector (Aspen), 10 February 2021, Concurrences N° 2-2021, Art. N° 100523, pp. 90-92

Visites 66

All reviews