3 ms·
I am waiting for someone to pour out the cons here. But why not align incentives with expertise. Allow companies to test others' products, if they find serious
by rurounijones 12y ago
I am waiting for someone to pour out the cons here. But why not align incentives with expertise.
Allow companies to test others' products, if they find serious problems then any fines resulting from a resulting FDA investigation are split between the govt and the company that found the issues. With generics there cannot be that much "This is a trade secret" since it is already in the open.
I am sure they would be falling over each other to cripple the competition.
Fire away.
- lsiebert 12y agoThen you are shifting regulation to cover testing for collusion. I think one of the issues is that fines need to be huge, penalties painful, and decisions punishing to companies who get caught doing wrong.
- a3n 12y agoCEOs need to be held responsible in the same way that Navy Captains are held responsible: they're responsible for everything that happens under their command. If they don't govern to prevent this, then they need the probability of jail and ending their careers. "Accountability" is paraded around a lot these days when dressing up a commpany in buzzwords. Our employees are accountable. I'm accountable. You're accountable. Starting sending CEOs and CXXs to jail, and it will stop.