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EU Commission fines pharma companies for price fixing

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BRUSSELS - The European Commission on Thursday said it had fined five pharmaceutical companies for a total of 13.4 million euros in a settlement of an antitrust investigation.

The commission fined Alkaloids of Australia, Alkaloids Corporation, Boehringer, Linnea and Transo-Pharm for participating in a cartel aimed at fixing the minimum price of an ingredient to produce the abdominal antispasmodic drug Buscopan and its generic versions.

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