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GSK wins administrative suit over resale price

Published: 2011-05-17 06:58:00
Updated: 2011-05-17 06:58:00
Korea’s top court has recently dismissed claims by the Fair Trade Commission in an administrative lawsuit against GlaxoSmithKline over resale price maintenance.

The Supreme Court upheld lower court’s rulings in favor of GSK, saying the fines on GSK (1.82 billion won) are improper.

In January, 2009, the FTC fined five multinational and two local pharmaceutical companies 20.4 billion won f...

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