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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Joe NYC who wrote (211408)11/11/2004 3:06:56 AM
From: Tenchusatsu  Read Replies (1) | Respond to of 1584002
 
Joe, We would be closer to the free market if re-importation is allowed.

Drug companies will react by not selling to Canada anymore. We'll end up back at square one, except with a bigger public outcry against those "evil" drug companies.

As far as price controls, (foreign and domestic), at some price point the drug companies will just say "no".

You're probably right about that. The drug companies probably see the handwriting on the wall and will pressure Canada to lift or ease up on price controls.

Tenchusatsu



To: Joe NYC who wrote (211408)11/11/2004 10:30:20 AM
From: Peter Dierks  Respond to of 1584002
 
Freer markets allocate more efficiently. Reimportation, or some other mechanism to get the rest of the first world to pay for drug research would benefit US drug consumers. Why should we pay $100 a dose and foreigners pay $10?

You are right about price controls. Most of the drug companies are true multi-nationals. If the US restricts them, they will move their offices overseas. Regulation is rarely called for.