Author Topic: U.S. lawmakers demand investigation of $100 price hike of lifesaving EpiPens  (Read 2497 times)

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Online Weird Tolkienish Figure

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It's also a regulatory issue because the FDA has consistently refused to approve any competing products, thereby guaranteeing Mylan a monopoly.  The price increases are simply an illustration of monopoly pricing, and a poster child for why monopoly busting and anti-trust laws do have a basic, useful, purpose.

Sure... although this is a government protected monopoly, so all that is needed is to simply remove the government protections in this case.

Offline andy58-in-nh

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Did anyone really believe that ObamaCare mandates and the medical device tax were not going to raise costs for consumers? Do you see all of those trial lawyer advertisements on TV - the ones about Mesolthelioma (2,500 new cases a year; 15,000 advertisements a day) and did you or a love one taken any of these drugs? Call now!!! 1-800-BAD DRUG!!!!? Tort lawyers and their Democrat politician patronage recipients are in the process of destroying the pharmaceutical and medical device industries, while enriching themselves in the process.   
"The most terrifying force of death, comes from the hands of Men who wanted to be left Alone. They try, so very hard, to mind their own business and provide for themselves and those they love. They resist every impulse to fight back, knowing the forced and permanent change of life that will come from it. They know, that the moment they fight back, their lives as they have lived them, are over. -Alexander Solzhenitsyn