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Retail industry

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If it hurts, sue - or at least ask why

Article Abstract:

Many British people are appalled by the very high levels of compensation awarded by US courts for apparently relatively trivial cases of injury or damage. Even in the US, moves are being made to limit punitive damages in civil lawsuits and 'pain and suffering' settlements in medical malpractice suits. However, the UK Consumers' Association is now looking to introduce representative actions for groups of people who may have suffered as a result of a defective product or service, thus moving towards the US approach to legal redress.

Author: Stock, Francine
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1995
Laws, regulations and rules, Exemplary damages, Punitive damages

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Bigger profits, fewer cures

Article Abstract:

There is a growing trend towards concentration in the world pharmaceutical industry. Manufacturers believe that this is essential in order to secure their survival, allowing them to bring together research, development and testing work, which is extremely expensive. However, some observers believe that the creation of larger, more powerful pharmaceutical companies could have negative impact on patient choice.

Author: Stock, Francine
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1995
Management, Pharmaceutical industry

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