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Exactly the same thing happened here in Uruguay, with the exact same product (stents). A company named Nafferton, distributor of Boston Scientific, managed to
by GFischer 10y ago
Exactly the same thing happened here in Uruguay, with the exact same product (stents).
A company named Nafferton, distributor of Boston Scientific, managed to drive all other companies out of the market via legislation:
http://www.elobservador.com.uy/con-monopolio-stents-otros-fabricantes-se-iran-uruguay-n239789 http://www.elobservador.com.uy/con-monopolio-stents-otros-fa...
A year ago, the Court of Appeals annulled that, and we now can have more that one supplier (not sure if that's in practice now)
http://www.elpais.com.uy/informacion/gobierno-se-encamina-anular-monopolio.html http://www.elpais.com.uy/informacion/gobierno-se-encamina-an...
Edit: Court of Appeals, not Supreme Court. Not sure if it reached the Supreme Court.
- clueless123 10y agoFor a "Me too" , Peru's health ministry (The previous government) did the same on several medications increasing some prices by 18x. Hopefully the just installed government will revert this scam.