8 ms·
what influenced the regulatory legislation though? that's what we mean by "lobbying".
by metaphorm 10y ago
what influenced the regulatory legislation though? that's what we mean by "lobbying".
- BurningFrog 10y agoRegulators have their own incentives, without being influenced by outsiders. For the FDA employee, incentives are very strong to err on the side of banning something. If you ban something and 1000 people die as a result, nobody will care, but if you allow something and 10 people die as a result, heads will roll at the agency. Of course, I know nothing about this specific decision, but it is consistent with this.
- metaphorm 10y agothere are countervailing forces in the opposite direction too though. there's something of a revolving door between FDA and pharmaceutical companies. FDA bureaucrats are also implicitly incentivized (i.e. its not bribery or corruption, just systemic) to "help out" very large name brand companies where they may be offered employment in the future. they have no incentive to do this for the various local compounding pharmacists that compete with name-brand pharma products.