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Four major Egyptian pharmaceutical distributors face court for collusion

( September 27, 2016, 12:44 GMT | Official Statement) -- MLex Summary: Egypt's competition authority has taken a case against the United Company of Pharmacists and three other Egyptian pharmaceutical distributors to the country's Economic Court for prosecution. The United Company of Pharmacists, Multipharma, Ramco Pharma and Ibn Sina Pharma allegedly colluded to increase the prices of their products by dividing the market. The Economic Court has jurisdiction over civil and criminal matters to do with investment and company activities.The full text of the statement is below, in Arabic:...

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