5 ms·
Oh the good ol' "rent seeking cartel" meme again. Never heard that before. Even though the same rent seeking cartel produces the same non medical hearing loss
by yeahitslikethat 7y ago
Oh the good ol' "rent seeking cartel" meme again. Never heard that before.
Even though the same rent seeking cartel produces the same non medical hearing loss grade devices at lower prices. Good call.
- wrycoder 7y agoThey preferably do not. They do defend their lower flank against the coming disruption, e.g. via Costco. MDHearingAid is not part of the group of five, they are a disruptor. Until recently, the non-medical devices have been simple amplifiers, which are technically not competitive. Rent-seeking because they successfully lobby for Federal regulation that locks out competition by providing a high barrier to market entry.