On 2/9/2019 8:24 AM, trader_4 wrote:


Drug companies are most definitely not monopolies. They are competing
against each other. Sure, company A may be the only one with a certain
new drug for at a any given point in time, but they have competitors
working on their own competing drugs for to treat the same thing.
There are some exceptions, for drugs for rare conditions, where only
one company happens to have a drug and no other company is interested.
But that doesn't make for the definition of a monopoly.


Right, but some are unethical thieves and opportunist. There was one on
the news this week where one company bought out a small drug company,
made a minor change to the formula and the cost to patient went from $0
to $375,000 a year. They make monopolies look good.