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www.fdanews.com/articles/73392-eu-fines-astra-60-million-euros-for-blocking-generics

EU Fines Astra 60 Million Euros for Blocking Generics

June 15, 2005

European antitrust authorities fined AstraZeneca Plc 60 million euros ($73 million) on Wednesday for blocking generic competition to ulcer drug Losec, but said its excess profits dwarfed the penalty. The European Commission, which conducted a six-year investigation into the company's actions, said AstraZeneca had abused its dominant market position and misused the patent system to protect Losec between 1993 and 2000.

()a href="http://go.reuters.com/newsArticle.jhtml?type=topNews&storyID=8798961" target="_blank">Reuters