Reverse Payment Settlements in the United States and Europe: Moving Toward An Effects-Based Approach
From CPI RSS: Reverse Payment Settlements in the United States and Europe: Moving Toward An Effects-Based Approach “ After more than a decade of debate and complex litigation on "reverse payment" settlements, the Supreme Court ruled on the issue in Federal Trade Commission v. Actavis, Inc. The pharmaceutical industry now asks: So, are those settlements lawful? The Actavis Court’s answer: "Maybe . . . sometimes." The lower courts are now commissioned to apply the decades-old rule of reason to reverse payment settlements and, in the process, to advance important antitrust and intellectual property interests. At almost the same time that the Supreme Court issued the Actavis decision, the European Commission announced its Lundbeck decision that found a collection of reverse payment […]