CMA consider appeal in phenytoin competition case
The CMA is considering an appeal in the phenytoin competition case after a Tribunal found that the CMA ruling of market abuse is incorrect.
The phenytoin competition case is one of the most pivotal cases of our time in terms of the cost of drugs to the NHS. A number of investigations and findings have been made against pharmaceutical giants for overcharging the NHS, putting huge strains on public finances, and the CMA’s intervention is vital for the survival of our public health service.
The Tribunal decision in the phenytoin competition case is a setback that the CMA is now considering an appeal for.
Informing the CMA of a competition concern
Informing the CMA of a competition concern can be vital to ensure that our markets are fair, and to ensure they’re focused on consumer confidence and competitive pricing.
You may find yourself, as a business, embroiled in a potential competition issue. It may be that you’re being asked to engage in price-fixing or market-sharing, or you may discover that suppliers or competitors are engaging in behaviour that’s in breach of the Competition Act.
Discovering this can be worrying, but we can help. As the Competition Lawyers, we can guide you through the process of a damages claim as well as the matter of informing the CMA (Competition and Markets Authority) of a competition concern.
Musical instruments and equipment sector competition investigations
The musical instruments and equipment sector is in the midst of competition investigations over suspected anti-competitive agreements.
The UK’s competition watchdog, the Competition and Markets Authority (CMA), are investigating the sector in accordance with Chapter I CA98 and Article 101 TFEU.
This massively profitable market sector has boomed in recent years. Now, under the microscope of UK competition regulators, we will find out if there is anything that the consumers need to be concerned about when it comes to competition within the market.
Asda-Sainsbury’s merger will raise competition questions
The Asda-Sainsbury’s merger will raise competition questions and will, we strongly suspect, draw the attention of the UK’s competition watchdog, the Competition and Market’s Authority (CMA), who will conduct a review to assess the impact the merger may have on the market.
With the merger set to result in Asda and Sainsbury’s controlling 60% of the market, the CMA will need to ensure that any merger that does go ahead – if it’s even allowed to proceed in the first place – will not put consumers in a worse position in the long-run.
Consumers are being promised price cuts of 10%, but in the absence of any specificity as to the products that will be cut, the potential merger has raised a lot of eyebrows.
Read More
UK pharmaceutical companies paying millions of pounds to healthcare professionals
According to a report from The Times newspaper, UK pharmaceutical companies are reportedly paying millions of pounds to healthcare professionals and other organisations.
American pharmaceutical companies have previously come under fire for reportedly paying healthcare professionals to push their products, and it now appears the UK may have the same problem.
According to The Times, two of the biggest pharmaceutical players in the UK have been making “secret payments” of almost £20 million to reportedly “plug” their products.
Read More
Competition and Markets Authority (CMA) decision was published about Micronclean Limited and Berendsen Cleanroom Services Limited who were found to have allocated territories and customers plus both companies had agreed not to compete with each other’s relevant allocations.
This is a very serious breach of competition laws – the market is essentially rigged in their favour by sharing the market and agreeing not to compete. This can lead to inflated prices, a lack of innovation and little choice for consumers in the market. This behaviour favours the companies financially, and not the consumer; totally against the principles of fair competition.
Read More
A little about competition law…
Competition law allows for fair competition to be maintained between companies and prevents companies taking part in anti-competitive behaviour.
The UK is governed by UK and EU competition laws, and if it’s found that a company has engaged in anti-competitive behaviour, there can be serious consequences. The two common ways in which competition law can be breached is: engaging in anti-competitive agreements; abuse of a dominant market position.
Both can lead to fines for offending companies.
Read More