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EU Antitrust Enforcement Against Pharmas

Law360 (January 18, 2008, 12:00 AM EST) -- On 16 Jan. 2008, the European Commission announced a sector-wide antitrust inquiry into the pharmaceutical industry. Early reports suggest that the Commission began the inquiry on 15 Jan. 2008 with unannounced raids on the European offices of at least six major pharmaceutical companies.

With an interim report slated for later this year and a final report to follow in spring 2009, the inquiry is predicted to focus on the reasons for: (i) a perceived drop-off in the number of new medicines coming to market in the...
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