Titus, get the cross: 20 drug companies charged with massive price fixing scheme
10 replies, posted
Drugmakers hiked prices 1,000% in massive price
According to the lawsuit, the alleged shady dealings peaked between July 2013 and January 2015. The companies would routinely get in touch with one another, divide up customers, and set and maintain high prices. Details were usually hashed out in face-to-face encounters during many swanky events such as trade shows, cocktail parties, dinners, conferences, and golf outings. In instances when there was written evidence of the deals, conspirators made plain attempts to destroy it, the states allege.
I'm not familiar with these types of things, but would it be possible for this to happen:
In those 20 drug companies, if one decided to be a "good guy" and set their drugs at a reasonable price, would the rest of the companies try to "eradicate" it? If yes, how would they do that? Buying out its drug production company? What if the "good guy" did all researches, developments, production and marketing by itself? Would the rest still be able to "eradicate" it?
Often times it would be accusations of unfair practice or copyright infringement or something for making the same drugs for affordable prices. The smaller company gets muscled out by legal fees.
I'm glad this shit is being cracked down upon, people who abuse the fact that these drugs are needed for some people's survival to squeeze out more profit with shit like this are probably the worst kinds of people. Absolutely disgusting that people's lives are being fucked up because they have to shell out unneeded money because of a condition that's probably already fucking their lives up.
If they could successfully hide the fact that they fixed the price (by coming up with whatever bullshit reason that was accepted) then they could accuse the other of being anti-competitive by deliberately undercutting competition. Otherwise, they would just have to convince them that by not joining in, they're giving up on greater potential profits. Unfortunately, this is usually enough. All of this is made easier by the fact that the actual prices that insurers and the government pay of drugs (in the US at least) are all hidden, making it harder to spot that kind of stuff.
Take everything they own and throw them into Guantanamo bay.
These fuckers doesn't deserve to live.
Oh good. Certain medication I'm prescribed (Known to be expensive in the US) is on that list. With any luck, this will hopefully reduce the cost issues associated with it...
Deflating shit like this (at least in drugs that are used to treat the same kinds of things) is why I'm so glad Canada legalized weed nationwide and now other nations are starting to get on board and the US is slowly but surely flipping over one state at a time. I wouldn't replace every kind of prescription medication with a joint but you can bet that it's been kept illegal for this long, and so many people have had criminal records fuck them over for growing/possessing a plant, in part because of scumbags like these fuckers pulling strings from the shadows to crush a threat to their pharmaceutical market interests.
Sunlight is the best disinfectant. Let the light shine on the shadows so it may burn these rich creeps.
The pharmaceutic industry has no issue with selling drugs that are (if anyone else did it) illegal. I'd put the continued criminalisation of recreational drugs as a private prison lobby problem.
Considering the myriad uses for hemp and cannabis, there is no one single point of villany that anyone can point to and say this is the primary cause. It threatens the paper industry, it's a threat to lower-grade plant fiber applications, hemp seeds are as good if not better than soy (hello American soy subsidy lobby, also soy's already been fucked by the trade war so they're going to be viciously defending from a hemp attack), hemp oil's up against every other vegetable oil market, growing your own painkiller/anti-nausea/mood stabilizer/appetite stimulant instead of buying prescription drugs (because you've got cancer or arthritis or something) does not please big pharma, illegal growing moves lots of indoor growing and hydroponics equipment off the shelves of garden stores, law enforcement budgets are wildly inflated and pay for lots of cool toys, training, and more officer paychecks (job security!) the more drugs and perps there are to bust no matter the actual harm, and then of course private prison industries loving large amounts of nonviolent drug incarcerations. But I digress.
One of the pressure valves that weed can ease is the demand for pharmaceuticals, especially with the opioid crisis and the repeated revelations of pharma companies knew exactly how patients were getting hooked in epidmic numbers but they did nothing to interfere with the mass overprescription they encouraged because, obviously, all those sales meant more money for them. Weed isn't going to be the magic spell that fixes the pharmaceutical industry, or even the flashpoint that sets the ball rolling to overturn the industry's entire model and reform into something better, but it's a step in the right direction.
Canada did not suffer the same intensity of opioid crisis as in the states but it has been happening and we do have a fentanyl problem -- if we assume that nothing else is done at all about the opioid/fentanyl problem in Canada (which isn't true but let's pretend to keep it simple), in five years there will be people alive who would have become addicted to either badly-prescribed opies or street heroin and died of an overdose from fentanyl-cut heroin if they couldn't turn to weed as a lighter alternative to scratch whatever itch they have, be it chronic pain, an addictive personality needing to feed, or just looking for a recreational drug. I don't know how many people that will be, but however many people it is their lives'll be diverted away from the risk of a fentanyl OD.
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