Nicaragua Pharmacy Market Heats UpFriday, June 28, 2013 The arrival of Honduran chain Kielsa has raised fears over a market takeover and monopolistic practices. "This is a Honduran chain entering the market using the hook of discounts and low prices, supposedly favoring large wholesalers, bankrupting small and medium business, and without any counterbalancing competition, they are the owners of the market," said the president of the United Pharmacy Association of Nicaragua (AFUN), Alberto Lacayo. Pharmaceutical Companies Sanctioned in El SalvadorFriday, May 17, 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. Imberton, for $228,000, after proving that they engaged in the anticompetitive practice of agreeing to fix the prices of the products concerned, informed the institution. Pharmacy War Goes to Competition TribunalWednesday, June 6, 2012 In Costa Rica, Compañía Farmacéutica S. A. (Cofasa) has filed a suit over monopolistic acts by the Corporation which owns the Fischel pharmacies . Cofasa's lawyer, in a complaint before the National Competition Commission at the Ministry of Economy, said that the CEFA Corporation, which owns the pharmacy chain Fischel, "... concentrates in the same company the manufacturing, importation, purchase from national manufacturers, wholesale distribution and retail sale of medicines", reports Nacion.com. |
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