3 ms·
Isn't price competition good? Having a lower price than a competitor is not always the same thing as price competition. Ie: https://en.m.wikipedia.org/wiki/Pre
by uniqueid 6y ago
Isn't price competition good?
Having a lower price than a competitor is not always the same thing as price competition. Ie: https://en.m.wikipedia.org/wiki/Predatory_pricing https://en.m.wikipedia.org/wiki/Predatory_pricing
- refurb 6y agoSure, but in the generic drug market, you rarely see generic makers pull out of a market. What Teva basically did was drop the price enough to make the generic not that attractive in a cost basis.