CMA Resurrects Claims Against Pfizer And Flynn On Phenytoin
UK Competition Regulator Once Again Alleges Pricing Abused Dominant Position
After a court last year overturned CMA fines of almost £90m imposed on Pfizer and marketing partner Flynn Pharma over pricing for phenytoin sodium capsules, the UK competition regulator has issued a fresh statement of objections after reassessing the case in light of the ruling’s guidance on how unfair pricing should be evaluated.
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Fines totalling almost £90 million (US$120 million) imposed on Pfizer and its marketing partner Flynn Pharma over allegedly unfair UK pricing for phenytoin sodium capsules have been overturned by the country’s Competition Appeal Tribunal. Having invited written submissions, the Tribunal intends to remit the dispute for reconsideration by the UK’s Competition and Markets Authority (CMA).