Lawyers defending the European Commission insist that the European Court of Justice’s Cartes Bancaires judgment does not undermine the watchdog’s decision against Servier – but the pharmaceutical company’s lawyers say the precedent should be enough to overturn the finding that Server’s agreements with generic drugmakers were by-object restrictions of competition.
A lawyer for pharmaceutical company Servier said the EU’s antitrust watchdog incorrectly found that agreements delaying the entry of generic rivals to its cardiovascular drug perindopril were by-object restrictions.
The European Commission violated the defence rights of drugmaker Servier by insufficiently consulting with member states’ competition authorities and prejudging its pay-for-delay case against the company, lawyers for Servier argued today.
A Utah federal judge has held that a Department of Justice criminal collusion case against an heir locator service will be decided under the rule of reason.
The Federal Trade Commission and attorney general of North Dakota yesterday sued to block a health system’s acquisition of a rival North Dakota clinic, claiming the tie-up would reduce competition and raise prices.
As the debate over internet regulation rages on, automated data processing systems in the online retail sector have received surprisingly little coverage. From Amazon to Skyscanner, price comparison softwares have become expected and even integral to modern living. But with the ease provided by the increasingly ubiquitous software has also come an easier pathway to collusion, and difficulties with regards to its prosecution.
Etienne Pfister, chief economist at France’s Competition Authority, said more empirical evidence is needed to determine whether and how the use of online pricing algorithms could potentially violate competition law, and warned regulation and oversight of such pricing programs will be costly. Janith Aranze at GCR Live 6th Annual Telecoms, Media & Technology in Brussels
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