Poland Fines Neuca 499M Zlotys in Drug Cartel Case
Poland antitrust watchdog UOKiK fined pharmaceutical wholesaler Neuca 499 million zlotys for taking part in a decade-long pricing cartel. The penalty sent shares down sharply as the company plans to appeal the decision in court.
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Poland Regulators Hand Down Record Fines Over Pricing Cartel
Poland's competition watchdog fined NEUCA SA 499 million zlotys ($131 million) on Monday morning for participating in a decade-long pricing cartel. The penalty drove the wholesaler's shares down 15.6% during midday trading, marking its largest single-day drop ever.
