Mauritius Probes Suspected Price Fixing in Pharmaceutical Sector

July 29, 2024, 8:09 AM UTC

Mauritius’ antitrust agency is investigating potential price fixing and collusion in its pharmaceutical sector.

Importers and wholesalers that sell pharmaceutical products to retail pharmacies are suspected to have “illegally agreed to fix the wholesale markup” on goods, the Port Louis-based commission said in an emailed statement on Monday. The products are price controlled and their maximum markup is fixed by regulations.

While the investigation covers seven importers and wholesalers, more companies could be included as the probe progresses, the antitrust agency said.

In 2023, imports of medical and pharmaceutical products’ grew by about a 10th from the previous year to ...

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