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The Limits of Control: Competition Law Versus Sector Regulation in the Wake of the European Commission Excessive Pricing Decision in Aspen
Center of Advanced Studies in Biomedical Innovation Law, Faculty of Law, Copenhagen University, Denmark.ORCID iD: 0000-0002-4508-7467
2022 (English)In: European Competition and Regulatory Law Review, ISSN 2510-3148, Vol. 6, no 3, p. 207-221Article in journal (Refereed) Published
Abstract [en]

Despite being heavily regulated, the pharmaceutical sector in Europe has in recent years notedmany enforcement decisions against excessive pharmaceutical pricing as an anti-competitive practice under Article 102(a) TFEU. Although described as a ‘rarity’ in competition law in most parts of the doctrine, numerous excessive pricing cases have emerged in Italy, UK, Denmark, and the Netherlands in recent years, but also on the European Commission level. The European competition authority adopted its first excessive pricing commitment decision against a pharmaceutical undertaking (Aspen) in April 2021. Take into account the manifold points of contention in the literature on excessive pricing, concerning the normative issue of preventing supra-competitive pricing on part of dominant undertakings. Add the tension between competition law and sector regulation;, as well as the practical issue of calculating cost, prices and profits for the purpose of finding out the ‘excess’ and ‘unfairness’, and one can see the Aspen case is of particular importance for future cases.

Place, publisher, year, edition, pages
Lexxion Verlagsgesellschaft mbH , 2022. Vol. 6, no 3, p. 207-221
Keywords [en]
Article 102, Competition law, Excessive pricing, Law and economics, Pharmaceutical pricing, Pricing of medicines, Sector regulation
National Category
Law
Identifiers
URN: urn:nbn:se:mau:diva-79757DOI: 10.21552/core/2022/3/5Scopus ID: 2-s2.0-85140091843OAI: oai:DiVA.org:mau-79757DiVA, id: diva2:2001595
Available from: 2025-09-26 Created: 2025-09-26 Last updated: 2025-09-26Bibliographically approved

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Kianzad, Behrang

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