Basic Search  |  Summaries  |  Advanced SearchPenalty: £10,175,000
Year: 2011
Date: 13 April, 2011
Offence Group: competition-related offences
Offence Type: price-fixing or anti-competitive practices
Violation Description: Reckitt Benckiser paid a £10,175,000 fine in settlement of a decision by the OFT that the company abused its dominant position in the market by withdrawing Gaviscon from sale after the product's patent had expired and replacing it with a patented version, hindering generic versions of Gavison being prescribed and dispensed by the NHS.
Action Type: agency action
Settlement Type: Settlement with OFT
Agency: Office of Fair Trading
HQ Country of Parent: United Kingdom
Ownership Structure of Parent: publicly traded
Major Industry of Parent: household and personal care products
Specific Industry of Parent: personal care products
Source of Data: (click here)