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Posted 30/09/2009
The European Commission (EC) released its final report on 8 July 2009 concerning competition in the pharmaceutical sector, and said it will increase its oversight of the industry after finding that drugmakers' business practices contributed to the delay of generic drugs being introduced to the market. The EC explained that “to reduce the risk that settlements between originator and generic companies are concluded at the expense of consumers, the EC undertakes to carry out further focused monitoring of settlements that limit or delay the market entry of generic drugs”. Furthermore, it will not hesitate to act against ‘anticompetitive practices’ by drugmakers that delay the market entry of generics, but has also called on Member States to do more to boost generic uptake.