Violation Tracker UK Individual Case

Company: Actavis UK Ltd.
Current Parent Company: Intas Pharmaceuticals Ltd.
Penalty: £1,542,860
Year: 2016
Date: 12 February, 2016
Offence Group: competition-related offences
Offence Type: price-fixing or anti-competitive practices
Violation Description: Actavis UK Limited (formerly Alpharma Limited) was fined £1,542,860 in a decision by the CMA that the company accepted money from GlaxoSmithKline to delay entry into the UK market with the generic drug paroxetine (allowing GSKs branded version Seroxat to dominate the market at a higher price), in breach of competition law.
Action Type: agency action
Agency: Competition and Markets Authority
HQ Country of Parent: India
Ownership Structure of Parent: privately held
Major Industry of Parent: pharmaceuticals
Specific Industry of Parent: pharmaceuticals
Source of Data: (click here)