Costa Rica Daily News
 
   

Pharmacy Denounced For Selling At Prices Too Low

Are pharmacies in Costa Rica ripping off their customers? A recent study by the Ministerio de Economía (MEIC) shows a difference of 472% in price comparisons of the same product in 72 pharmacies in the country.

At the centre of the controversy is one pharmacy, La Bomba, located in downtown San José, that has been denounced as selling its products too low.

Eduardo Sibaja, MEIC minister, said there would be no follow up on the charges by the Asociación de Servicios Médicos Costarricenses (Asemeco) as the La Bomba is not using anticompetitive practices, but rather is passing on its wholesale and volume purchase discounts to its customers.

The minister added that other pharmacies could sell their products much lower, reducing their prices as well and earning lower profits.

The owners of the La Bomba pharmacy said that their profit margin is very low, preferring to pass on the savings to their customers.
 
 
 
 


 

 

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