To send content items to your account,
please confirm that you agree to abide by our usage policies.
If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account.
Find out more about sending content to .
To send content items to your Kindle, first ensure firstname.lastname@example.org
is added to your Approved Personal Document E-mail List under your Personal Document Settings
on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part
of your Kindle email address below.
Find out more about sending to your Kindle.
Note you can select to send to either the @free.kindle.com or @kindle.com variations.
‘@free.kindle.com’ emails are free but can only be sent to your device when it is connected to wi-fi.
‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.
The prices of prescription medicines in the European Union are for the most part determined by measures adopted by the national health authorities of the various Member States and tend to differ substantially from country to country as a result of the different budgetary policies and priorities of the Member States concerned. These price differences inevitably give rise to significant arbitrage opportunities and have been the source of a flourishing parallel trade in prescription pharmaceuticals from low- to high-priced countries.
The Glaxo Dual Pricing case relates to a practice under which Glaxo sold its medicines to Spanish wholesalers at prices differentiated according to where the medicine would be consumed. Thus, the price for a medicine to be sold in Spain was set at the level mandated by the relevant Spanish pricing legislation. Products for export were sold at a price freely determined by Glaxo as permitted under Spanish law. In this way, Glaxo was able to sell in Spain at the government-required low price for domestic consumption but at a higher price if the product was to be re-exported to countries willing to pay more, notably the UK. Thus, while not explicitly prohibiting parallel trade, the practice had the effect of reducing the incentives for wholesalers to re-export.
The EU goal of market integration as an overriding policy consideration has led the European Commission to treat the prevention or limitation of parallel trade as a hard-core restriction which has frequently attracted heavy fines, irrespective of the products and the regulatory environment in question.
Email your librarian or administrator to recommend adding this to your organisation's collection.