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European Commission sends Statement of Objections to Alchem

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Published on: 14 June 2024

Published by LNB News

LNB News 14/06/2024

Document Information

Issue Date: 14 June 2024

Published Date: 14 June 2024

Jurisdiction(s): European Union

Article summary

The European Commission has sent a Statement of Objections to Alchem International Pvt Ltd and its subsidiary Alchem International (H.K.) Limited (together 'Alchem') of its initial view of breaching EU antitrust rules by participating in a long-term cartel regarding an key pharmaceutical product. Alchem was the seventh company the Commission opened proceedings against. Alchem was not covered by the October 2023 settlement decision, and therefore the investigation concerning this company continued under the standard (non-settlement) cartel procedure.

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