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Turkey’s Competition Watchdog Fines Novartis & Roche

 |  January 24, 2021

Turkey’s Competition Board announced on Friday, January 22, it imposed fines on Turkish units of pharmaceutical companies Novartis and Roche for trying to popularize a more expensive medicine used for eye diseases at the expense of a cheaper one.

Novartis was fined 165.46 million lira (US$22.35 million), while Roche was fined 112.97 million lira (US$15.22 million), the board stated.

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