3 ms·
The market for pharmaceuticals is already very far from being a free market. It's a heavily regulated industry with extremely high compliance costs. In this spe
by mrob 8y ago
The market for pharmaceuticals is already very far from being a free market. It's a heavily regulated industry with extremely high compliance costs. In this specific case, further market distortions in the form of patent monopolies might be necessary to make the market work. Most industries do not have this level of regulation.