Chile: Prosecutors to seek retrial of drug store executives in price-fixing case
Chilean prosecutors have introduced a motion to nullify the results of the trial, which acquitted 10 executives working for the country’s three main drug store chains. The motion is aimed at forcing a new trial on the men, accused of conspiring to fix prices in the retail pharmaceutical sector.
“Having closely analysed the ruling, we find there are errors which motivate the filing of this motion” said prosecutor Jaime Retamal. He elaborated, stating that “the ruling wrongly interprets what may be said to be a fraudulent practice or a natural price. Additionally, it fails to properly weigh the importance of several pieces of evidence.” This includes witness accounts, e-mails and other documentation.
The prosecutor declared that “had the court considered these elements correctly, or had they interpreted the legal texts properly, we believe they would have arrived to a guilty verdict.”
The motion will be analysed by Santiago’s Court of Appeals. The court will pronounce on the matter presented by the Public Ministry prosecutors over the next few days.
Source: T 13
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
FTC Pushes Review of CoStar’s Commercial Real Estate Antitrust Case
Jan 31, 2024 by
CPI
UK’s CMA Investigates Ardonagh’s Atlanta Group and Markerstudy Merger
Jan 31, 2024 by
CPI
Greenberg Traurig Grow Financial Regulatory and Compliance Practice
Jan 31, 2024 by
CPI
Dutch Regulator Fines Uber €10 Million for Privacy Violations
Jan 31, 2024 by
CPI
DOJ Investigates AI Competition, Eyes Microsoft’s OpenAI Deal: Bloomberg
Jan 31, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – The Rule(s) of Reason
Jan 29, 2024 by
CPI
Evolving the Rule of Reason for Legacy Business Conduct
Jan 29, 2024 by
CPI
The Object Identity
Jan 29, 2024 by
CPI
In Praise of Rules-Based Antitrust
Jan 29, 2024 by
CPI
The Future of State AG Antitrust Enforcement and Federal-State Cooperation
Jan 29, 2024 by
CPI