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ARTICLE · 20 AUGUST 2018

Competition News Bulletin - August 2018

CCI by way of an order dated July 12, 2018 has imposed penalty on the Federation of Gujarat State Chemists and Druggists Association, Amdavad Chemist Association, Surat Chemists and Druggists Association ...

IndiaAntitrust/Competition Law

I. CARTELS AND ANTI-COMPETITIVE AGREEMENTS

INDIA

Competition Commission of India ("CCI") imposes penalty on chemists' asssociations in State of Gujarat and three pharma companies for indulging anti-competitive conduct appointment of stockists

CCI by way of an order dated July 12, 2018 has imposed penalty on the Federation of Gujarat State Chemists and Druggists Association, Amdavad Chemist Association, Surat Chemists and Druggists Association and the Chemists and Druggists Association of Baroda (collectively 'chemists and druggists associations') as well as three pharmaceutical companies namely Glenmark Pharmaceutical Limited (and its C & F agent), Hetero Healthcare Ltd and Divine Saviour (collectively 'pharmaceutical companies') for violating provisions of the Competition Act, 2002 ('Act'). Penalties were also imposed on the individual office bearers of the chemists and druggists associations and managing directors and concerned employees of the three

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