ETHICS AND COMPETITION LAW IN THE PHARMACEUTICAL INDUSTRY

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HOSEINI MINA

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Paper Information

Journal: Iranian Journal of Medical Ethics and History of Medicine Year:2016 | Volume:9 | Issue:1 Page(s): 1-10

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Information Journal Paper

Title

ETHICS AND COMPETITION LAW IN THE PHARMACEUTICAL INDUSTRY

Author(s)

HOSEINI MINA | Issue Writer Certificate

Keywords

PHARMACEUTICAL INDUSTRYQ2

COMPETITION LAWQ2

COMPETITION COUNCILQ2

PROFESSIONAL ETHICSQ2

Abstract

The PHARMACEUTICAL INDUSTRY plays an important role in every economy. Although the pharmaceutical sector has distinctive financial features, principles of COMPETITION LAW must be applied to the production and distribution of pharmaceuticals as in all other areas of the economy.Regulations regarding unilateral anticompetitive conduct such as discriminatory pricing, aggressive price setting, abuse of a dominant position, hoarding and refusal to enter into transactions as well as collective anticompetitive practices such as collusion are important competition rules which are applicable in the PHARMACEUTICAL INDUSTRY.Although COMPETITION LAW and regulations are indispensable to the PHARMACEUTICAL INDUSTRY, PROFESSIONAL ETHICS can play an effective role as a deterrent factor and prevent anticompetitive conduct. This article reviews the application of COMPETITION LAW in the PHARMACEUTICAL INDUSTRY and identifies anticompetitive behaviors in this sector. It also focuses on the role of the COMPETITION COUNCIL in monitoring the PHARMACEUTICAL INDUSTRY and the impact of PROFESSIONAL ETHICS in preventing violations of COMPETITION LAW in this sector.

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APA: Copy

HOSEINI, MINA. (2016). ETHICS AND COMPETITION LAW IN THE PHARMACEUTICAL INDUSTRY. JOURNAL OF MEDICAL ETHICS AND HISTORY OF MEDICINE, 9(1), 1-10. SID. https://sid.ir/paper/135419/en

Vancouver: Copy

HOSEINI MINA. ETHICS AND COMPETITION LAW IN THE PHARMACEUTICAL INDUSTRY. JOURNAL OF MEDICAL ETHICS AND HISTORY OF MEDICINE[Internet]. 2016;9(1):1-10. Available from: https://sid.ir/paper/135419/en

IEEE: Copy

MINA HOSEINI, “ETHICS AND COMPETITION LAW IN THE PHARMACEUTICAL INDUSTRY,” JOURNAL OF MEDICAL ETHICS AND HISTORY OF MEDICINE, vol. 9, no. 1, pp. 1–10, 2016, [Online]. Available: https://sid.ir/paper/135419/en

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