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Monopsony requires mutiple sellers (e.g. Walmart can buy potatoes from tens of thousands of farmers) Pharma patents prevent this.
by trendia 9y ago
Monopsony requires mutiple sellers (e.g. Walmart can buy potatoes from tens of thousands of farmers)
Pharma patents prevent this.
- bryanlarsen 9y agoThe article is about health care in general, not drugs. But you're still in a better negotiating position if you're a single buyer talking to a single seller than if you're multiple buyers talking to a single seller.