In July 2025, the European Competition Commission imposed a EUR 489,000 fine on Alchem International Pvt. Ltd. and its Hong Kong subsidiary for their involvement in a pharmaceutical cartel involving the active ingredient used...more
8/7/2025
/ Anti-Competitive ,
Antitrust Violations ,
Cartels ,
Civil Monetary Penalty ,
Competition Authorities ,
Enforcement Actions ,
Enforcement Priorities ,
EU ,
European Commission ,
Israel ,
Manufacturers ,
Pharmaceutical Industry ,
Subsidiaries ,
Supply Chain
EU foreign ministers have decided to explore the possibility of cancelling the EU-Israel Association Agreement due to allegations that the war in Gaza is raising doubts concerning Israel’s commitment to the safeguarding of...more
On July 13, 2022, the European Parliament and the European Council agreed on a new regulation concerning “foreign subsidiaries that distort the European market.” Their agreement is the final stage prior to voting on the...more
8/9/2022
/ Controlled Foreign Corporations ,
EU ,
European Commission ,
Foreign Corporations ,
Foreign Subsidiaries ,
Free Trade Agreements ,
Funding Arrangements ,
Government Investigations ,
Israel ,
Member State ,
Proposed Regulation ,
Regulatory Authority ,
Reporting Requirements ,
Subsidies