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Pharmaceutical chains banned for price fixing
By Francisco Espinosa Reboa
Between January 2008 and March 2009, the chains Arcángel, Fasa, Inkafarma, Mifarma and Felicidad were found guilty of price fixing for 36 pharmaceutical related products from different brands. During that dates, 88% of Peruvian drug spending was made in pharmacies and pharmacy chains accounted for 72% of the sale of pharmaceutical products.
The five chains were fined with nearly USD 300.000 and must apply for three years a program of actions to prevent anticompetitive practices, such as personnel training on free competition rules and identifying the risks of non-compliance.
Espinosa Bellido Abogados
The Industrial Property work of Estudio Francisco Espinosa Bellido Abogados started in 1941 with Dr. Francisco Espinosa Sánchez, father of current senior partner Dr. Francisco Espinosa Bellido and grandfather of current partner Dr. Francisco Espinosa Reboa.
In its 69 years of outstanding legal work the firm has represented the interests of several national and international clients, companies and foreign correspondents obtaining and defending their industrial property rights in Peru, while also displaying an active and remarkable participation in the direction of professional associations in our speciality.
We specialize in counselling, prosecution and litigation in trademarks, patents, trade names, slogans, industrial designs, copyright, domain names, enforcement of those rights as well as unfair competition.
