Quote:
Originally Posted by georgeyw
So do you think old mate increasing the price of a pill by whatever insane percentage, was ok? Profiting is fine, mega/super profits (price gouging) should end up in jail sentences
Especially if that price gouging can lead to deaths.
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it sounds sleazy, but I don't know enough details to know if it was really price gauging or not... it's quite likely that the media is omitting some critical details to make the story sounds sensational...
...but lets say some company does research on some drug, clinical trials, etc, and spends 25 Billlion in the process... I don't have any problem with them charging any amount they want, so they can recover their investment within reasonable amount of time and also reinvest the profits into research into new drugs while they are at it...