I think that in the sentence that I copy below, it may be that "would" has NOT a conditional meaning, but rather is used to express uncertainty, as in the examples "We saw a police helicopter overhead yesterday morning. Really? They would have been looking for those bank robbers" or "The bridge would probably fall by next year. It is so old".
The whole sentence reads:
The Court further states that no reliable account concerning the market entry of other generic manufacturers have been presented in the matter by the means of witness statements or documentary evidence, nor has an account been presented of the fact that the Pharmaceuticals Pricing Board would have, during the period referred to in the suit, made decisions concerning the reimbursement status of the said products or confirmed their reasonable wholesale price as regards to other generic manufacturers’ XXX medicine products.
In particular, I think that the author of the text, instead of writing that
no reliable account has been presented of the fact that the pharmaceuticals pricing board has made decisions... or confirmed their price..."
writes that
no realiable account has been presented of the fact that the pharmaceuticals pricing board would have made decisions...or confirmed their price..." only to make it clear that such alleged fact has not been proved/established.
What do you think? Many thanks in advance for your help!
It actually expresses a certainty, not an uncertainty. " The verb phrase expresses a positive expectation in the past. I saw all the students in the library.
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It actually expresses a certainty, not an uncertainty. It is negated in the sentence, so your overall interpretation of the sentence is right, but not your interpretation of "would." The verb phrase expresses a positive expectation in the past.
I saw all the students in the library. They would have been studying for finals.