UK Fines Reckitt $16M For Thwarting Generic Meds

Law360, New York (October 15, 2010, 11:14 AM EDT) -- The U.K. Office of Fair Trading has fined Reckitt Benckiser Group PLC £10.2 million ($16.4 million) for withdrawing its National Health Service supply of Gaviscon heartburn medication in order to thwart access to generic alternatives.

The competition watchdog announced Friday that Reckitt Benckiser admitted to violating UK and European competition law in 2005 by pulling one Gaviscon product from the NHS prescription channel and delisting it, leading pharmacies to issue another Reckitt product rather than generic versions of the heartburn medicine.

Reckitt timed the withdrawal of...
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