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Statement by Joaquín Almunia, on Johnson & Johnson and Novartis fined by the Commission to € 16 million for delaying market entry of generic painkiller fentanyl

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On 10 December 2013, Joaquín Almunia, Vice-President of the EC in charge of Competition, made a statement on the adoption by the European Commission of a decision against two pharmaceutical companies, Johnson & Johnson and Novartis, and the imposition of fines totalling 16 million euros. These companies entered into an anti-competitive agreement to delay the market entry of a generic version of the pain-killer Fentanyl.
SHOTLIST INFO PRESS

Type: Report   Reference: I-084714   Date: 10/12/2013   Duration: 03:14
Personalities:   Almunia, Joaquín  
Location: Strasbourg  
Languages: ORIGINAL

Tags: Competition | Competitiveness | Generic medicine | Pharmaceutical industry
© European Union, 2013   /   Source: EC - Audiovisual Service
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03:14 Statement by Joaquín Almunia, on Johnson & Johnson and Novartis fined by the Commission to € 16 million for delaying market entry of generic painkiller fentanyl
Statement by Joaquín Almunia, on Johnson & Johnson and Novartis fined by the ...
Ref: I-084714
Date: 10/12/2013

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