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FTC to get tough on rebate

Published: 2010-12-22 06:59:00
Updated: 2010-12-22 06:59:00
The Fair Trade Commission said it will look into any illegal rebate practices based on a revised version of fair trade rules on drugs, which take effect from December 20.

The rules are aimed at to ban the provision of rebates.

It stipulates that the organizer of an academic meeting should bear at least 20 percent of all expenses to be incurred, while restricting the support of pharmaceut...

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