News for hackers. Stuff that matters.

A comment on U.S. to set up plan aimed at allowing prescription drugs from Canada. Parent comment

Re:U.S. to set up plan aimed at allowing prescription drugs ... by refurb on Wednesday July 31, 2019 @02:22PM (#20576869)
Monopsony is “one buyer”. The group doing the price regulation in Canada isn’t buying anything.
[ Parent | on HN ]
Re:U.S. to set up plan aimed at allowing prescription drugs ... by emiliobumachar on Wednesday July 31, 2019 @04:03PM (#20577878)
On practical terms, they are acting as a monopsony. They are negotiating with the manufacturers. If the price they set is too low, the manufacturers will indeed stop selling in Canada.
[ Parent | on HN ]