KPMA to toughen punishment for dumping

Published: 2012-10-26 07:00:00

Updated: 2012-10-26 07:00:00

The Korea Pharmaceutical Manufacturers Association on Wednesday announced a set of measures to toughen the predatory pricing, commonly referred to as “dumping,” to strengthen preventive measures to root out such irregular activities prevailing in the national hospital bidding markets.

“If this kind of cut-throat competition takes place, the reputation of the Korean pharmaceutical market will...

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