UK SFO loses appeal in price-fixing case

8 December 2008

The UK Serious Fraud Office has lost its appeal against five drugmakers accused of price-fixing in the 1990s (Marketletters passim). The case was initially dismissed in July, a decision that was upheld when the Court of Appeal ruled that the SFO had not brought any new point of law against the firms, as the practice was not illegal until 2003.

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