Paris Appeals Court Backs €40.6M Antitrust Fine For Sanofi
By Melissa Lipman (December 22, 2014, 6:48 PM EST) -- A Paris appeals court has upheld a €40.6 million ($49.7 million) antitrust fine against Sanofi SA for campaigning to discourage doctors and pharmacists from prescribing or substituting generic versions of its former blockbuster blood thinner Plavix.
The Court of Appeals of Paris on Thursday rejected Sanofi's appeal of a May 2013 decision by the French Competition Authority fining the drugmaker for abusing its dominance and using a "strategy of denigration" against generic Plavix competitors in 2009 and 2010.
The court concluded that Sanofi had dominance in the market for the drug in France and had abused that dominance through the practices...
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