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Tuesday, March 16, 2021
The Federal Trade Commission (“FTC”) announced today a multilateral working group to share best practices and build a new approach to pharmaceutical mergers. Initiated by the FTC, the working group will include the Canadian Competition Bureau, the European Commission Directorate General for Competition, the UK’s Competition and Markets Authority, the Antitrust Division of the U.S. Department of Justice, and Offices of the State Attorneys General.
The global initiative aims to identify concrete and actionable steps to review and update the analysis of pharmaceutical mergers, tapping into expertise from competition authorities with whom the FTC cooperates frequently, as well as others with relevant experience, to craft effective enforcement methods. Among the questions to be considered:
Overnight Health Care: A number of Republican lawmakers are saying no to COVID-19 vaccines | European AstraZeneca suspensions threaten global COVID-19 response | OxyContin maker Purdue Pharma proposes $10B bankruptcy exit thehill.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehill.com Daily Mail and Mail on Sunday newspapers.
The Federal Trade Commission (FTC) is eyeing a tougher approach to its review of pharmaceutical mergers. The commission said in a statement Tuesday it is launching a working group with domestic and international agencies to "identify concrete and actionable steps to review and update the analysis of pharmaceutical mergers." "This project will ensure that FTC investigations include fresh approaches that fully analyze and address the varied.
FTC Announces Multilateral Working Group to Build a New Approach to Pharmaceutical Mergers ftc.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ftc.gov Daily Mail and Mail on Sunday newspapers.