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Rent seeking is a large part of the pharmaceutical industry, which is 4% of the economy. And also a good chunk of the rest of the health care industry, which is
by guelo 8y ago
Rent seeking is a large part of the pharmaceutical industry, which is 4% of the economy. And also a good chunk of the rest of the health care industry, which is 18% of the economy.
- barry-cotter 8y agoIt doesn’t show up in their profit margins. If they’re rent seekers Roche, Novartis, Pfizer and GlaxoSmithKline are really bad at it.