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To: TimF who wrote (183437)	2/6/2006 5:07:05 PM
From: Road Walker	Read Replies (2) \| Respond to of 186894

re: If the government provides medical services and gets a lower cost buying in great quantity then its just market power. Yes, it is. If the government makes itself a monopsony buyer by law (either directly or more likely by making itself a monopoly provider of health care or health insurance) by law than it isn't just market power. The government isn't just acting as a consumer but as a regulator and using the law to give itself an advantage. That isn't an example of a free market in operation. Again, it's how you define the marketplace. You have limited it to the domestic US, the rest of the world sees it at global. If you go by results of the two perspectives, you will see that you are clearly wrong... as the same drugs are much less expensive in virtually any country in the world. re: We may have an "open internal market" but it is forcefully manipulated by our law ********* Much less so than in most other developed countries. US government agencies, the most powerful player in the marketplace, by law are not allowed to negotiate on price. As a result we don't play in the REAL market, which is the world market.