Sunday 18 November 2018
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business-standard - 9 days ago

CCI finds no violation of competition norms in Maharashtra chemists association case

The Competition Commission has found no evidence of Mumbai-based Retail and Dispensing Chemists Association (RDCA) indulging in anti-competitive practices with respect to charging fee for product information services from pharmaceutical companies. After taking into consideration the report of its investigation arm Director General (DG) and views from various entities, the regulator has ruled that there is no cogent evidence on record to suggest that collection of Product Information Services (PIS) charges by the association was mandatory. Generally, PIS is in the nature of a fee charged by chemists and druggists associations for introducing a new product/drug launched by the pharmaceutical companies in their bulletins and newsletters. The CCI also said that implementation of the decision in the present case would be subject to proceedings before the Delhi High Court. After the regulator ordered a detailed probe into the matter on August 25, 2015, the RDCA had moved the Delhi High ...

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