>>>>>>>BTW, I still don't understand why are American pharmaceutical companies selling their expensive drugs in other countries so far below its market price? I mean, the price here is the honest market price - what they sell them for in Canada must be unfair competition.
>>>>>>
>>>>>>Two words : Price controls
>>>>>>
>>>>>>Of course, you already knew that.
>>>>>
>>>>>but it did not fit to the task: corporation must be guilty.
>>>>
>>>>It's all so easy if you ignore all governmental blockades to a free market, you can then blame corporations for not being fair and proclaim the free market doesn't exist.
>>>
>>>Actually, 'blame corporations first' demagogues are a bit more sophisticated. They tell that 'free market does not work properly and should be improved', by applying another batch of blockades and prohibitions.
>>
>>Yes, and they should be ashamed. The corporations should be free to sell a $0.11 drug at $250, if the market can take it.
>
>The very idea of free market includes price mechanism based on supply/demand. It means that some company can sell some product for, let say, $250 unless another company comes up with the similar product selling it for $200. At this point, the first company will have to cut prices.

Unless both companies are owned by the same group, which on the other hand have very *friendly* relations with their very competitors, then doctors associations, med. unions, etc. (And as Bill said owns few insurance companies aside )