German Competition Regulators Raid Bayer

Law360, New York (October 11, 2007, 12:00 AM EDT) -- German competition regulators have raided the offices of Bayer AG, looking for evidence to support the claim that the drug maker attempted to fix the price of aspirin.

The German cartel office staged the dawn raid of two Bayer sites on Thursday, as part of an investigation into whether Bayer offered pharmaceutical companies discounts in exchange for keeping aspirin drug prices at a certain level.

“The allegations are that Bayer used pharmacies to maintain a certain retail price for aspirin by granting a special rebate price...
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