Well, yes and no. Maybe. It depends on how you look at it. And it depends on what the results will be.
It’s hard to say. It’s complicated.
How is that for a non-answer? Pretty good, eh?
There’s a reason for my not giving a definitive answer, because the way drug pricing worldwide works really is complicated, and to say that there is a free market in pharmaceutical pricing is as accurate as saying that the US medical system is a free market.
In neither drugs nor medical care is there a free market, although we are much closer to one when speaking of generic drugs, at the very least when not bought through insurance companies or pharmacy benefit managers.
First, a reality check: It is true that consumers in the United States pay much higher prices than those in other countries, and while Big Pharma is no more or less greedy than any other big business,…
