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Image header Agence Europe
Europe Daily Bulletin No. 12610
Contents Publication in full By article 19 / 39
ECONOMY - FINANCE - BUSINESS / Competition

Teva and Cephalon fined €60.5 million for delaying market entry of a cheaper generic drug

On Thursday, 26 November, the European Commission decided to impose €60.5 million in fines on the pharmaceutical companies Teva (Israel) and Cephalon (United States) because these companies agreed to delay the market entry of a cheaper generic version of Cephalon’s medication for sleep disorders modafinil after the expiry of Cephalon’s main patents.

The agreement—concluded well before Cephalon became a subsidiary of Teva—“violated EU antitrust rules and caused substantial...

Contents

INSTITUTIONAL
BUDGET: Hungary and Poland request amendment of agreement on ‘rule of law conditionality’
EU2021PT: future Portuguese Presidency of EU Council wants to respond to current challenges while preparing for future
FUTURE OF EU: Conference on Future of Europe, MEPs reaffirm their initial position on its chairmanship 
EUROPEAN PARLIAMENT: French authorities recommend transfer of administrative services to Strasbourg
EUROPEAN PARLIAMENT PLENARY
INDUSTRY: European Parliament insists on EU’s autonomy with a view to revision of industrial strategy
INTERNAL MARKET: European Parliament calls for stricter product safety rules for digital age
TRADE: MEPs endorse resolution on trade policy review
TRADE: MEPs approve regulation on tariff quotas with Northern Ireland
UNITED STATES: MEPs validate elimination of tariffs on American lobsters
FUNDAMENTAL RIGHTS: MEPs welcome first “ambitious” EU LGBTIQ rights strategy
FUNDAMENTAL RIGHTS: European Parliament’s report on situation of fundamental rights in EU in 2018 and 2019 approved by small majority
MEDIA: MEPs concerned about deterioration of freedom, pluralism and independence of media in EU
ENVIRONMENT: European Parliament opposes authorisation of carbendazim and extension of other toxic active substances
TAXATION: European Parliament gives go-ahead to temporary VAT exemption for Covid-19 vaccines and test kits
BELARUS: European Parliament condemns “murder” of activist Roman Bondarenko
ETHIOPIA: concerned by serious human rights violations, European Parliament calls for immediate ceasefire
ALGERIA: Parliament denounces situation of journalists and human rights defenders
TURKEY: European Parliament condemns Turkish actions in Varosha
ECONOMY - FINANCE - BUSINESS
COMPETITION: Teva and Cephalon fined €60.5 million for delaying market entry of a cheaper generic drug
EUROGROUP: signature of treaty revising ESM hoped for in January 2021
EXTERNAL ACTION
DEVELOPMENT: draft EU Council conclusions support continued international efforts to alleviate debt burden of African countries
AUSTRALIA: EU and Canberra call for an open and fair trade policy
SECURITY - DEFENCE
CSDP: operation Irini could play role in monitoring ceasefire in Libya, according to Admiral Agostini
SECTORAL POLICIES
FISHERIES: interinstitutional agreement expected 3 December on 2021–2027 EMFF fund
BIODIVERSITY: European Court of Auditors - protection of marine environment in EU leaves much to be desired due to lack of action and funding 
SPACE: Josef Aschbacher elected head of European Space Agency
RESEARCH: European ministers surveyed on new investment targets and briefed on Horizon Europe negotiations
HOME AFFAIRS: Schengen area evaluation mechanism is slow and neglects essential issues, acknowledges Commission
JUSTICE: third progress report but still no agreement in EU Council on law applicable to third-party effects of assignments of claims
COHESION: coronavirus, European Commission approves reprogramming for Bulgaria and Italy
ENERGY: European Commission calls for applications for fifth ‘Projects of Common Interest’ list
CLIMATE: Frans Timmermans calls on China to be “at our side” in fight against climate disruption
CLIMATE: seven NGOs call on European Commission to review its roadmap for ‘Effort Sharing Regulation’
NEWS BRIEFS
ENERGY: First European Clean Hydrogen Alliance Forum
FINANCE: Verena Ross, Maria-Luis Albuquerque and Carmine Di Noia shortlisted to lead ESMA
INDUSTRY: ETSC fears risk of weakening motor vehicle safety rules
MIGRATION: more Belarusian nationals applied for asylum in EU in September, says EASO
EUROPEAN PARTIES: EU General Court annuls European Parliament decision requiring ACRE to repay grants awarded in 2017
CORRIGENDUM
WOMEN: number of EU Member States that have not ratified Istanbul Convention is six