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PolicyTIL Gujarat accounts for 8% of national GDP,a tenth of India's workforce & 22% of its exports with just 5% of its population (self.india)

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[–]crow1729Allow business rights to healthcare. -2ポイント-1ポイント  (1子コメント)

A simplistic and naive view, price gouging occurs because the industries have become extremly monopolistic.

You have simplistic and naive view. There is no monopoly. Everybody is allowed to produce drugs and research them and invent.

We have never allowed monopolies to ferment in any industry.

So? I dont find anything wrong if a business grows too big because of its own work.

Secondly just like drug companies can charge whatever the want , drug consumers as a whole under the medicare system can negotiate which drugs they can buy or not.

Drugs companies must be allowed to have all business rights first. Like right to advertise collaborate etc. Or no business should have that right.

[–]tempusername23 0ポイント1ポイント  (0子コメント)

No its YOU who has a naive view you have shown zero naunce or understanding in your argument. There is a monopoly increasingly a few companies mainly 10 own most of the mkt share for drugs. There's price collusion. Do you even understand monopolistic characteristics?

Well of course you do, and so do a select few who could monopolise industries. At the end of the day such behaviour leads to long term negative externalities. And since drug companies work within the system of voted representatives the people who buy from these companies can use their voting rights to say 'hey you better not become monopolies', or we'll collectively ban you. Which is also allowed in the same capitalist system.

At the end of the day the customer is king, and in Australia representatives of said customers use their collective voting rights to bring down drug prices.

According to whom? The pharma?. Yeah no business is allowed price collusion. Its clear you don't know anything about anti trust.

And let's not forget drug companies most of their work is built upon previous research most of that research comes from public institutions mainly colleges. If you really want to go down that path and create super strict evergreening conditions. Most of these drugs companies would be banned under patent laws.