Our website is set to allow the use of cookies. For more information and to change settings click here. If you are happy with cookies please click "Continue" or simply continue browsing. Continue.

Competition Law

Analysis - debate - current awareness

10 FEB 2016

The case for transparency in pricing

The case for transparency in pricing

By Dermot Glynn


Many of those responsible in EU Member States for purchasing pharmaceuticals on behalf of national health or health insurance systems base their decisions on the price to offer partly on prices being paid elsewhere.This system is referred to as External Reference Pricing (ERP), and iscontroversial: some seeing it as clearly helpful, particularly to Member Statesless well equipped than (for example) the UK to carry out sophisticated cost/benefit assessments of new medicines, while others fear that it deters suppliers from offering affordable prices to lower-income purchasers. This article explores some of the economic issues involved in policies towards price transparency in this and other markets, and implications of this for competition and other policy-makers. For the full article click the link below:

CLJ_2015_04_Articles_4.pdf



This article appears in the Competition Law Journal at [2015] CLJ 237 and has been made available, free of charge, as a service to our readers.

UK Competition Law Reports

UK Competition Law Reports

A comprehensive service bringing together the case-law of the Competition Appeal Tribunal

More Info from £166.00
Available in Competition Law Online
Competition Law Journal

Competition Law Journal

Provides all competition law advisers with a reliable source of analysis on law and practice in...

Available in Competition Law Online
Subscribe to our newsletters