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2008-05-28
Bundeskartellamt ends lawsuit against Bayer Vital
Leverkusen, May 28, 2008 – The German Bundeskartellamt (BKartA) has ended its lawsuit against Bayer Vital GmbH and imposed a fine. The BKartA believes that it has evidence to show that employees of Bayer Vital GmbH influenced the retail prices of non-prescription (OTC) drug products in pharmacies in violation of antitrust law.
Bayer Vital does not share the legal position of the Bundeskartellamt. However, in order to avoid a protracted legal conflict and the associated negative repercussions on its business activities, Bayer Vital GmbH has decided to accept a fine of EUR 10.34 million.
Bayer Vital respects the law as a matter of principle. Bayer Vital has therefore reviewed the marketing measures for its OTC medicines in pharmacies in their entirety and made changes where this was appropriate and necessary. Bayer Vital cooperated with the Bundeskartellamt throughout the whole process.
Forward-Looking Statements
This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer Group or subgroup management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer’s public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.
Contact
Alsfasser, Hartmut


