Beware Pharmaceutical Companies- CCI penalizes Alkem Laboratories Ltd. (ALKEM) for bowing down to pressure of All Kerala Chemists and Druggists Association by stopping supplies to a local chemist

The CCI, vide its recent order dated December 1, 2015, has penalized All Kerala Chemists and Druggists Association(AKCDA) and Alkem Laboratories Limited(ALKEM) for limiting and controlling the supply of medicines in Kerala. The Informant Mr. P. K. Krishnan Proprietor, Vinayaka Pharma, runs a pharmaceutical distribution store in Palakkad, Kerala. It was alleged that Alkem refused to…