Aspen offers excessive-pricing commitments

Aspen has said it will reduce its prices for six cancer drugs in Europe by an average of 73%, as part of a commitment package seeking to end the EU antitrust watchdog’s first excessive-pricing investigation in the pharmaceutical sector.

Indian cartelists escape fines due to coronavirus

India’s competition watchdog has decided not to fine 10 companies that rigged bids to supply equipment to the country’s railways because of the covid-19 pandemic.

EU settles with ethylene price purchasing cartel

The European Commission has fined three chemical companies €260 million for colluding to push down ethylene prices, while a fourth company has escaped a €190 million penalty for blowing the whistle on the cartel.

Google offers Fitbit remedies

Google has promised the European Commission that it will not use Fitbit’s user data to strengthen its advertising business, as it tries to convince the authority to clear its $2.1 billion acquisition of the fitness-tracking company.
Enforcers should consider breaking up digital deals, says UK official

Competition authorities should be willing to impose structural remedies on completed anticompetitive digital mergers, the chief economic adviser at the UK’s antitrust watchdog has said.
CMA closes three excessive pricing probes

The UK’s Competition and Markets Authority has dropped three high-profile investigations into the suspected charging of excessive prices for hand sanitiser during the coronavirus pandemic, less than a month after launching the probes.

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GCR USA

SCOTUS will hear direct challenge to FTC disgorgement authority

The Supreme Court has agreed to hear two cases on whether the Federal Trade Commission can seek monetary relief for violations of the FTC Act.

Coal-hearted: The Tipline for 14 July 2020

Those hoping to spend their Monday listening to the Federal Trade Commission’s quest to block a joint venture between Peabody Energy and Arch Coal found themselves heartbroken. A 10-day preliminary injunction hearing was scheduled to start yesterday, but the federal courthouse in St Louis, Missouri, was closed after a security officer tested positive for covid-19. The litigating parties are set to resume in-person today while GCR USA tunes in live from its home office.

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Features

Delay no more?

The European Court of Justice in January provided some long-awaited clarity on how competition enforcers and national courts assess the anticompetitive nature of pay-for-delay agreements. Emily Craig examines how the court’s preliminary ruling in the Paroxetine case will affect other eagerly anticipated rulings and the future of pay-for-delay agreements.

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