Win for Pfizer and Flynn in UK price gouging case
Drugmakers Pfizer (NYSE: PFE) and Flynn Pharma have successfully overturned fines of nearly nearly £90 million ($120 million) levied by the UK’s competition authority in 2016 over allegations of price gouging.
The Competition Appeal Tribunal says the Competition and Markets Authority (CMA) had failed to demonstrate that the ramping up of the cost of an epilepsy drug was in breach of competition law.
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