VISX Message Board - Msg: 3832825

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Biotech / Medical : VISX

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To: John Binford, Jr. who wrote (468)	3/25/1998 12:10:00 PM
From: Jim Mac	Read Replies (1) of 1754

The FTC is implying Visx and Summit ripped off the myopic public. Dropping the fee by $150 per procedure is an insignificant reduction compared to the benefits of LVC. Obviously, no one forced any individual to acquire a laser or have the procedure done. They all did it willingly, and dropping the price by $150 wouldn't have had any meaningful effect on procedure growth. What does FTC think? Visx and Summit would have charged only $100 without PPP, even if they could easily charge $250? It's ludicrous. On the bright side, this may hasten the dissolution of PPP, to Visx's benefit, and Summit's disadvantage.

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