Pharmaceutical drugs competition investigation update
There’s been an update in the huge pharmaceutical drugs competition investigation update being conducted by the Competition and Markets Authority (CMA).
The update for the investigation, which is one of many investigations in to anti-competitive behaviour in the pharmaceutical drugs sector, is now a review into suspected anti-competitive agreements. There is also at least a suspicion of concerted practices in relation to generic pharmaceutical products.
If anti-competitive behaviour or agreements are identified, big fines could be issues against the offending organisations. Read More
Commitments in the Showmen’s Guild competition case
The Competition and Markets Authority (CMA) accepted commitments made after the Showmen’s Guild competition case, with a link to rules of the Showmen’s Guild of Great Britain 2018 published last month.
The case itself surrounded the use of rules issued by the Showmen’s Guild that reduced the ability of new attractions to join fairs, thus limiting competition. Potentially millions of funfair visitors could be affected by the issue, resulting in a stifling of competition and deprived access to new and improved rides and attractions with motivation for invocation in the sector potentially low.
With members of the Showmen’s Guild making up for some 90% of the sector in the UK, and worth an estimated £100m a year, any competition issue in the sector could clearly have a huge impact on the consumers.
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.
Hotel booking sites watchdog investigation calls for changes
The Competition and Markets Authority (CMA), the hotel booking sites watchdog, has called for changes in to the way rooms and ranked and displayed online.
According to the investigations initiated by the CMA , concerns are being raised about potentially false or misleading discounts, and false representations about room availability to pressure people into making booking decisions.
With the majority of people using online booking sites nowadays, any potential infringement of competition law must be closely scrutinised.
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.
Price fixing advice on a confidential basis
If you need Price fixing advice on a confidential basis, we can advise you, and we may be able to assist you with legal action as well.
Many instances of competition law infringements are highlighted by investigations conducted by the UK’s competition watchdog, the Competition and Markets Authority (CMA), or where a whistle-blower from an organisation involved in something like price fixing comes forward and confesses the activity to regulators.
But what about the traders and small businesses who are in need of price fixing advice as a victim of it themselves?
Google competition breach yields massive fine
A Google competition breach has yielded a massive fine imposed by the European Commission over its behaviour surrounding Android phones.
The fine amounts to £3.9bn ($5bn) and is based on Google’s search-related revenue earned during the period the competition breach is said to have taken place.
The investigations into the Google competition breach stem back to 2015 and surround impositions of pre-installed browsers and search apps that it’s claimed has led to users not looking for alternatives, with Google paying huge sums to manufacturers to pre-install its own software.
Are we seeing any changes following the retail banking investigations?
Following changes made by the Competition and Markets Authority (CMA) for banking practices, are we seeing any changes following the retail banking investigations?
The major issues surrounding the retail banking investigations was about barriers to entry for new banks stifling competition, as well as customers staying with their banks due to restrictions for changing banks, overdraft issues and customer engagement concerns.
The CMA found that relevant industry practises and issues had allowed for competition to fall within the category of ‘prevented, restricted and / or distorted’. Since big changes were made, have we seen any benefits?
Venntro Media Group complaints leads to CMA warning
Venntro Media Group complaints has led to a warning issued from the UK’s competition watchdog, the Competition and Markets Authority (CMA).
According to the recent report, Venntro had the profiles of users of some of their online dating platforms appear on other website platforms, including websites containing explicit adult content. The CMA found that users’ information was being held on a central database, making their profiles visible on websites they hadn’t signed up to.
Venntro Media Group complaints were received by the CMA by people who were not happy that they had been signed-up to websites without realising or being properly informed; especially when some of those were adult websites.
Boots overcharging the NHS for pain-relief mouthwash
Boots overcharging the NHS for pain relief mouthwash is a serious allegation that must be closely investigated.
The allegations are that the company behind high-street chain Boots, Walgreens Boots Alliance, are reportedly overcharging the NHS by almost 3,500% for pain-relieving mouthwash used by cancer patients.
The Competition and Markets Authority (CMA) are considering the issue and health Minister, Steve Brine, is calling for an urgent investigation.