Violation Tracker Global

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Violation Tracker Global: Individual Record

Company: Teva UK Limited
Current Parent Company: Teva Pharmaceutical Industries
Parent at the Time of the Penalty Announcement: Teva Pharmaceutical Industries
Jurisdiction: European Commission
Region: Europe
Penalty Currency: Euro
Penalty Amount in Original Currency: 15,569,395
U.S. Dollar Equivalent at the Time of the Penalty Announcement: $21,180,294
Year: 2014
Date: July 9, 2014
Agency: European Commission Directorate-General for Competition
Offense Group: competition-related offenses
Offense Category: anti-competitive practices
Description: The European Commission imposed fines totalling 427 million euros on the French pharmaceutical company Servier and five producers of generic medicines for concluding a series of deals all aimed at protecting Servier's bestselling blood pressure medicine, perindopril, from price competition by generics in the EU.
HQ Country of Current Parent: Israel
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
Source of Data: (click here)
VTG Record ID: VTG24-69361