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erbo | 9 years ago

I submitted the following:

"I would Make America Great Again by forcing the medical monopolies to break up, by prosecuting them under 15 USC (the Sherman, Clayton, and Robinson-Patman Acts), which the President can direct to be done on his own, without input from Congress. This would cause prices of medical goods and services to drop by 50-80% or more, solve many of our economic problems, and usher in a new era of prosperity. See the writings of Karl Denninger for details, www.market-ticker.org."

If we don't do this, and if it isn't done within a year, the Federal Budget and economy are headed for collapse. See: https://www.market-ticker.org/akcs-www?post=231661

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alexmingoia|9 years ago

What do you mean by "monopoly" exactly? It's a vague term both legally and in vernacular. Which medical monopolies are you referring to? Every facet of healthcare in the US can be seen as monopolized. AMA license requirements for doctors are a monopoly... Insurance is monopolized by regulatory compliance... Drug research is monopolized by patents. Are you talking about insurance companies? Healthcare providers? Drug manufacturers? The whole bunch?

refurb|9 years ago

Exactly what medical monopolies are you referring to? Hospitals, insurance companies and drug companies are pretty fragmented markets which is one of the reasons for the complexity of US healthcare and high costs.

dragonwriter|9 years ago

Insurance companies are often I regional oligopolies, hospitals similarly and in some cases regional monopolies, and drug companies (like anything IP-dependent, particularly patent-dependent) are straight-out state-granted monopolies.

grzm|9 years ago

From the link provided by gp, they may be referring to Medicaid and Medicare, though it's not at all clear to me from that page either.