>>>>>>>>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.
>
>The truth is that the 1st company will sue the 2nd one, and due to court costs etc, the price of the drug will go to $350.
Wow, Alan. If it is all that you can come up with, then I still have some hopes in you (remember that thread about going out without pants).
Edward Pikman
Independent Consultant