Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Indian Competition Commission Fines Chemist Associations for Anti-Competitive Practices Under Competition Act, 2002; Issues Warning on Fair Practices.</h1> The Competition Commission of India penalized the Chemists and Druggists Association of Baroda and the Federation of Gujarat Chemists and Druggists Association for violating the Competition Act, 2002. Both associations were found to have restricted drug supply by requiring No Objection Certificates and Product Information Service charges before appointing stockists and introducing new products. The Commission imposed fines of Rs. 1,08,588 and Rs. 11,11,549 on the associations, and additional penalties on their respective presidents. The Commission emphasized the need for fair practices in drug distribution and warned of further actions against anti-competitive behavior.