Punishments too lenient to prevent medicine monopolies raising prices

THE AUTHORITIES will soon publish a price guide for short-of-supply medicines and bulk pharmaceutical chemicals and they are seeking opinions from the public. Legal Daily comments:

The guide, if well implemented, can curb the price of medicines from rising when they are in short supply, which has been a long-term problem given the monopoly supply of some pharmaceutical drugs.

The price supervision departments have investigated dozens of cases of monopolistic pharmaceutical companies fixing medicine prices since 2011.