Pharmaceutical group agrees to pay over £380,000 in care-home medicine cartel
By Simon Barnes
On 12 December 2013, the Office for Fair Trading (OFT) announced that a £380,000 settlement had been agreed in relation to a market sharing cartel involving two pharmaceutical suppliers.
The settlement follows an investigation by the OFT into agreements between Quantum Pharmaceutical and Lloyds Pharmacy under which medicines were supplied to care homes between May 2011 and November 2011.
The OFT found that the parties had colluded to ensure that Quantum’s sister, Tomms Pharmacy, would not supply prescription medicines to existing Lloyds care-home customers. In return, at least for some of the time, Lloyds agreed not to supply prescription medicines to existing care-home customers of Tomms Pharmacy…
If you are registered and logged in to the site, click on the link below to read the rest of the Shoosmiths briefing. If not, please register or sign in with your details below.
News from Shoosmiths
News from The Lawyer
Briefings from Shoosmiths
Two recent cases illustrate the importance of employers making reasonable adjustments for disabled employees placed at risk of redundancy.
The FAPL has issued a warning to people posting unofficial videos of goals online, stating that these videos are in ‘breach of copyright’.
Analysis from The Lawyer
Compliance and corporate governance codes for large financial institutions will undoubtedly include provisions to regulate high pay in the future
There’s more to the ABS model than attracting the man in the street and procuring external investment. Partners at the big corporate firms, take note…