Title: Parallel imports of pharmaceutical products in the European Union
Description: Parallel imports are legitimately produced goods imported legally into a country without the authorization of a trademark, copyright, or patent holder. In the European Union, so long as a pharmaceutical manufacturer has placed a good on the market voluntarily, the principle of free movement of goods allows individuals or firms within the EU to trade goods across borders without the consent of the producer. What is the effect of these parallel imports?
Subjects: Drugs, Econometric models, Gray market, Imports, Price regulation, Prices, Trademarks (International law)
Places: European Union countries