3 ms·
Worst straw man I saw in a long while. PS: >The obvious answer is drop No. You "feel" it is "right" and "obvious" even, and it might as well be if we really d
by rndgermandude 8y ago
Worst straw man I saw in a long while.
PS:
>The obvious answer is drop
No. You "feel" it is "right" and "obvious" even, and it might as well be if we really did that experiment, but humans are pretty bad at predictions.
- JamesBarney 8y agoWhat is your argument that it wouldn't affect R&D spending?
- rndgermandude 8y agoOne scenario that might happen is that the increased competition might lead to more R&D spending as companies might try to make up for the "lost" profits of their current portfolio by bringing new (patented) drugs to market. The idea that competition leads to innovation is not exactly new.
- JamesBarney 8y agoWhy would a decrease in price drive an increase in competition?