3 ms·
>How are "blocking rights" legal? Don't they violate anti-trust / competition laws? Unfortunately it doesn't seem like it. It's not uncommon in the pharmaceuti
by ineedasername 4y ago
>How are "blocking rights" legal? Don't they violate anti-trust / competition laws?
Unfortunately it doesn't seem like it. It's not uncommon in the pharmaceutical industry either: When a drug patent expires the company will sometimes pay generic manufacturers to not manufacture the drug for a period of time.
- paulryanrogers 4y ago> When a drug patent expires the company will sometimes pay generic manufacturers to not manufacture the drug for a period of time. Which seems like a clear and direct consumer harm. So isn't that illegal, even under the strictest definition?
- dannyw 4y agoWelcome to reality: many corporations break a lot of laws, few are prosecuted.
- nl 4y agoActually lots are prosecuted: https://www.ftc.gov/news-events/press-releases/terms/935?page=0 https://www.ftc.gov/news-events/press-releases/terms/935?pag...
- nl 4y agoYes, they often are found illegal by courts: >Since 2001, the FTC has filed a number of lawsuits to stop these deals, and it supports legislation to end such “pay-for-delay” settlements.[1] The FTC lists 4 cases since 2019, but there seems to have been a bunch more prior to 2019 that only have press releases[2] [1] https://www.ftc.gov/news-events/topics/competition-enforcement/pay-delay https://www.ftc.gov/news-events/topics/competition-enforceme... [2] https://www.ftc.gov/news-events/press-releases/terms/935 https://www.ftc.gov/news-events/press-releases/terms/935