Basic Search  |  Summaries  |  Advanced SearchPenalty: £186,442
Year: 2020
Date: 9 July, 2020
Offence Group: competition-related offences
Offence Type: price-fixing or anti-competitive practices
Violation Description: Tiofarma paid a £186,442 fine in settlement of a decision by the CMA that the company colluded with Amilco and Aspen to maintain Aspen's position as the sole supplier of the drug fludrocortisone in the UK, which increased in price up to 1800% during the agreement. All companies involved admitted to anti-competitive behaviour in a settlement.
Action Type: agency action
Settlement Type: Settlement with the CMA
Case Number: 50455
Agency: Competition and Markets Authority
Source of Data: (click here)