The Prescription Drug Pricing Moment: Using Public Health Analysis to Clarify the Fair Competition Debate on Prescription Drug Pricing and Consumer Welfare
The J. L., Med. & Ethics, 45 S1 (2017): 45-49.
5 Pages Posted: 27 Apr 2017
Date Written: April 27, 2017
Fair competition law and public health law talk past each other when discussing pharmaceutical pricing and distribution. The former cannot agree on the relevant definition of consumer welfare. The latter does not fully comprehend the highly complex but inherently collective nature of pharmaceutical drug acquisition in the United States. This essay proposes to inject public health discourse into this debate to enrich it, focus it, and render it more accessible to those who must live by its outcome.
Keywords: Public health, pharmaceutical, antitrust, competition, consumer welfare, drug pricing, prescription drugs
JEL Classification: H51; I11, I13, I14, I15, I18, K20, K21, K32, L44,
Suggested Citation: Suggested Citation