News for hackers. Stuff that matters.
Re:How Parents Harnessed the Power of Social Media to Challe... by Anon1096 on Friday August 26, 2016 @12:35AM (#12364252)
Eminent Domain is for securing land, not seizing property. Even so, the federal government has to pay a fair market price whenever eminent domain is used, which in this case would be a very large number that taxpayers wouldn't be happy to pay, because what comes after that? Does the government start a manufacturing business? The patents are already expired, so there isn't very much to seize.
Re:How Parents Harnessed the Power of Social Media to Challe... by virtuabhi on Friday August 26, 2016 @01:07AM (#12364331)
Actually, its very easy. Government makes a list of life saving drugs. Then sets a maximum price on the drugs in the list. If a monopoly refuses to comply, the government calls for yearly bids from companies around the world (including generic drug makers from India). These companies fill the supply gap and in the meantime capitalism works and a local company steps in. There is no rocket science in manufacturing these drugs and pens - trivial once you have the recipe.

And countries, which put people before corporations, actually do this.

Re:How Parents Harnessed the Power of Social Media to Challe... by nickff on Friday August 26, 2016 @02:17AM (#12364553)
Setting a maximum price does not allow the government to take the patent away. The companies could simply refuse to comply, and the government would either effectively ban the drug or be forced to buy the patent/license at a fair market price.
Re:How Parents Harnessed the Power of Social Media to Challe... by 1024core on Friday August 26, 2016 @12:58PM (#12367567)
The government has more than enough in its arsenal to force these companies to comply. cf Joseph Nacchio and QWest Communications. It knows how to play dirty and kneecap someone.
Re:How Parents Harnessed the Power of Social Media to Challe... by douche on Friday August 26, 2016 @08:34AM (#12365715)
All they have to do is write the law that says they can.
Re:How Parents Harnessed the Power of Social Media to Challe... by nickff on Friday August 26, 2016 @09:59AM (#12366270)
There is a Supreme Court decision that says confiscation of a patent is a constitutional taking, so they would actually have to change the constitution.
Re:How Parents Harnessed the Power of Social Media to Challe... by danielweber on Friday August 26, 2016 @02:17PM (#12368176)
Curse the law of law!!
Re:How Parents Harnessed the Power of Social Media to Challe... by refurb on Friday August 26, 2016 @08:44AM (#12365771)
That already exists in the US. Any drug created with the use of federal money gives the gov't "march in rights" where they can seize the patent if they feel that the company is preventing access to patients. A senator attempted to do this a few months back and the NIH declined to use such rights.[1]

[1] http://www.patentdocs.org/2016/04/members-of-congress-seek-n...