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The problem is anti-competitave behavior though, right? The pharmacutical market is highly consolidated. Trying to rely on some startup to successfully compete
by thatcat 9y ago
The problem is anti-competitave behavior though, right? The pharmacutical market is highly consolidated. Trying to rely on some startup to successfully compete in a highly consolidated market that requires a lot of capital and specialized labor isn't going to work, only the government can compete at that level so they should - especially when it is so clearly in the public's best interest for everyone to have access to the services provided by the market.
>Country-owned means of production have usually not fared well vs competitive forces in the past
Currently in the exact markets being discussed ISP markets are in a similar situation. If you look at municipal broadband providers, they has fared very well - providing better service (fiber) for lower costs while protecting the public interest by opting in to net neutrality. Outside of ideological concerns it's hard for me to the problem with the government intervening in stagnant markets by competing directly.