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SCPEC DECLINED ONE MORE ADMINISTRATIVE COMPLAINT FILED BY A PHARMACEUTICAL COMPANY
PanARMENIAN.Net
12.02.2010 13:38 GMT+04:00
/PanARMENIAN.Net/ At the meeting held on February 12, 2010, the
Armenian State Commission on Protection of Economic Competition,
SCPEC, discussed and refused an administrative complaint submitted
by Agro Farm Company, the SCPEC press office reported.
According to the report, Argo Farm is among 7 pharmaceutical companies
which concluded an anti-competitive agreement, unreasonably raising
drug prices.
Companies will be imposed a fine equivalent to 2% of their annual
turnover, the total sum of the fine for 7 companies exceeding AMD
450 million.
The SCPEC found the arguments listed in the administrative complaint
unsound. Thus, the decision on the fine remains valid.
From: Emil Lazarian | Ararat NewsPress
PanARMENIAN.Net
12.02.2010 13:38 GMT+04:00
/PanARMENIAN.Net/ At the meeting held on February 12, 2010, the
Armenian State Commission on Protection of Economic Competition,
SCPEC, discussed and refused an administrative complaint submitted
by Agro Farm Company, the SCPEC press office reported.
According to the report, Argo Farm is among 7 pharmaceutical companies
which concluded an anti-competitive agreement, unreasonably raising
drug prices.
Companies will be imposed a fine equivalent to 2% of their annual
turnover, the total sum of the fine for 7 companies exceeding AMD
450 million.
The SCPEC found the arguments listed in the administrative complaint
unsound. Thus, the decision on the fine remains valid.
From: Emil Lazarian | Ararat NewsPress