Monopoly, meet captive market. I'm sure you'll make beautiful profits together.
EpiPen’s 400 Percent Price Hike Has Parents Scrambling
The cost of saving your child’s life has gotten a lot more expensive.
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Monopoly, meet captive market. I'm sure you'll make beautiful profits together.
EpiPen’s 400 Percent Price Hike Has Parents Scrambling
The cost of saving your child’s life has gotten a lot more expensive.
That's how capitalism works.
+Stan Pedzick That's how a free (unregulated, Darwinian) market works. Capitalism per se doesn't have to function that way.
In an unregulated market, a ton of other people would start making $50 versions. (And a guy is in the process of doing exactly that.) It's partly because companies can reduce startup competition by raising the barriers to entry to the market, through insisting on scrupulous FDA certification, that they can establish monopolies.
+Dave Hill yes, like I said, capitalism. If you want regulations, that is socialism.