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>Prices in Denmark would go down, or Pfizer profits would go down, both would be bad. I'm struggling to see what's so bad about reduced drug prices and reduced
by crdoconnor 9y ago
>Prices in Denmark would go down, or Pfizer profits would go down, both would be bad.
I'm struggling to see what's so bad about reduced drug prices and reduced profits for a large corporation which doesn't, to put it lightly, always play fair.
> Of course drug companies "hate negotiating with large parties"--because countries can exercise monopsony power: https://en.wikipedia.org/wiki/Monopsony https://en.wikipedia.org/wiki/Monopsony.
Monopsony means single customer - hence mono. As in 1. If Pfizer wants to not sell to Denmark and sell to every other country in the world - of which there are several - it is completely free to do that.