A Blow to Free Competition in the Chilean Pharmaceutical Industry
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چکیده
The charge made by the Court led to an exhaustive investigation by the Fiscalia Nacional Economica (FNE), the national prosecutor for economic crimes, which oversees free competition in the country. The agency used documents and telephone calls to prove that during that time period, the three chains agreed clandestinely to raise the price of some medications by as much as 97%. Most notably, this included products for treating epilepsy, diabetes, anemia and ulcers, as well as vitamin supplements and contraceptives. As a result, the TDLC imposed fines of US$15 million on each company, the maximum amount stipulated by Chilean law in these sorts of cases.
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