3 ms·
Big pharma is a very peculiar industry: it's saddled with millions of dollars in compliance costs and regulation so as to not kill the population. A government
by cornholio 11y ago
Big pharma is a very peculiar industry: it's saddled with millions of dollars in compliance costs and regulation so as to not kill the population. A government mandated intellectual monopoly could be justified there, to compensate the inherent costs of safe medical innovation.
By comparison, the tech industry has zero compliance costs and it's essentially a wild west.