The French Competition Authority Wants to Lower Prices of Pharmaceuticals
On November 21, 2017, the French Competition Authority (“FCA”) announced the launch of a new sector inquiry relating to the functioning of competition in the pharmaceutical sector.
This inquiry will lead the FCA to make recommendations to the French President Macron and the government on how to increase competition and lower prices of pharmaceuticals.
The FCA certainly hopes that President Macron will implement its recommendations, by legislation if necessary, as he has done in the…