lecture 6 - competition law: practice Flashcards
1
Q
reverse payments
A
the original party sues the second company and then the original party pays the second company to settle. The second party is paid not to enter the market and the original company can still ask high prices
2
Q
excessive pricing
A
price is unfair in itself or compared to competing products
3
Q
increasing public dissatisfaction regarding pharmaceutical companies
A
reverse payment, excessive pricing, vexatious litigation (abuse of patent system) and disparagement of competitors
