The Italian Competition Authority condemns a local association of pharmacies for price-fixing arrangements regarding the retail prices of over-the-counter pharmaceuticals (Federfarma Teramo)

The Italian Competition Authority (ICA) fined Federfarma Teramo, an association regrouping pharmacies located in the province of Teramo, Central Italy, for fixing the retail prices of a number of over-the-counter (OTC) pharmaceuticals via a circular detailing the maximum discounts applicable to each product. The ICA investigation and decision The ICA opened investigation upon receipt of an anonymous letter. The letter reported that a circular written on a Federfarma Teramo headed paper containing a table of the maximum discounts pharmacy members are invited to apply to 119 OTC pharmaceuticals was circulating among the pharmacies of the province of Teramo. The market affected is the retail market for the OTC pharmaceuticals, which is subject to a special regime, shaped by the Bersani

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Auteur

  • Desogus Law Office (Cagliari)

Citation

Michele Giannino, The Italian Competition Authority condemns a local association of pharmacies for price-fixing arrangements regarding the retail prices of over-the-counter pharmaceuticals (Federfarma Teramo), 29 mai 2008, e-Competitions May 2008, Art. N° 26667

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