Anti-Competitive Practices with Medicines

Droguería Americana, S.A. de C.V. and C. Imberton, S.A. de C.V., are under investigation for allegedly agreeing on pricing and division of customers relating to the distribution of three medicines nationwide.

Monday, June 19, 2017

The companies investigated are alleged to have agreed to fix prices and divide up customers in relation to distribution of the medicines Cataflam Oral Suspesion 9 Mg. 120 Mil x 1 (5ml) - an antiinflammatory and antirheumatic-, Diovan Capsules. 160 Mg x 14 - related to the cardiovascular system - and Lamisil Tablets 250 Mg. X 28 - topical antifungals used in dermatology.

See also "Figures on Vaccination Imports in Central America"

From a statement issued by the Superintendency of Competition in El Salvador:

June 19, 2017. - The Superintendency of Competition is conducting an investigation into determining a possible agreement over pricing and division of customers between two drugstores to distribute three medicines nationwide. These agreements are classified as anticompetitive practice in article 25, paragraphs a) and d) of the Competition Law. 

This self initiated investigation is based on indications found in the Preliminary Actions carried out by this Superintendency, motivated by the information sent by the National Drug Administration (DNM) within the framework of the validity of the Medicines Law and the Regulation for The Determination of the Maximum Selling Prices for Medicines and their Verification.



More on this topic

Pharmaceutical Companies Sanctioned in El Salvador

May 2019

American Drugstore and C. Imberton were sanctioned for proving "that they engaged in the anti-competitive practice of agreeing to fix the prices of Cataflam, Diovan and Lamisil products."

The Superintendence of Competition of El Salvador (SC) sanctioned American Drugstore, for $171,000, and C.

Anti-competitive Practices in LPG Market

April 2018

Tropigas, Tomza Gas, Zeta Gas and Unigas are being investigated in El Salvador, for allegedly having agreed prices or other conditions in sales in the industrial LPG bulk market.

From a statement issued by the Superintendency of Competition:

April 12, 2018 In March the Superintendence of Competition (SC) started a sanctioning administrative process to investigate a possible cartel in the industrial market for liquefied petroleum gas (LPG) in bulk, among four distributors, who may have agreed on prices or other conditions on sales from January 2013. The companies being investigated are: Tropigas de El Salvador, S.A. de C.V.; Tomza Gas de El Salvador, S.A. de C.V.; Zeta Gas de El Salvador, S.A. de C.V.; and Unigas de El Salvador, S.A. de C.V.

El Salvador Hotels: Price Fixing Allegation Dismissed

October 2014

The Superintendency of Competition has stated that there is insufficient evidence to determine alleged anticompetitive practices due to price agreements between four hotels in offers to the state.

From a communication from the Superintendence of Competition in El Salvador:

Anticompetitive Practices in Flour Market

August 2012

The Superintendence of Competition in El Salvador has initiated an investigation into alleged anticompetitive practices in the market for the production and distribution of wheat flour.

A statement by the Superintendency of Competition (SC) reads:

SC investigates wheat flour market

 close (x)

Receive more news about Health & Medicine

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Girasol Pharma S.A.

Organization that operates in Panama, Panama, Costa Rica, Honduras, El Salvador, Nicaragua and Guatemala.
Phone: (507) 65456121

Girasol Pharma is a school of clinical pharmacist contracted for Santos de Rey Medical Group, where it participates in the activities of direct attention to the patient in the management of pharmacological therapy, geriatrics and anticoagulation clinics.

Company Profile

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Nov 27)
Brent Crude Oil
48.300
Coffee "C"
124.25
Gold
1,787
Silver
22.68