CCI imposes penalty on Chemists and Druggists Association and Pharmaceutical Companies

The Competition Commission of India(CCI) has imposed penalty amounting to Rs 74 crore on four chemists and pharmaceutical companies after they were found violating the provisions of the Competition Act,2002. The penalty was imposed after CCI had found the drug associations responsible for mandating the requirement of obtaining NOC(No Objection Certificate) prior to the appointment… Continue reading CCI imposes penalty on Chemists and Druggists Association and Pharmaceutical Companies