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pyre | 7 years ago

We're sort of focusing on digital here, but some of the IP rights stuff in the agreement would make certain generic drugs available in Canada illegal... so the prices of medication would go up since you could no long buy the generic brand. I would not say that's a win for Canadians.

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phyller|7 years ago

The flip side would be more money available for the institutions that actually create new medicines. I'm not saying it's a better tradeoff, just that it's not so single dimensional.

PakG1|7 years ago

I do not believe those institutions are lacking in funds for research. Even if they get more funds, they will still be incentivized to do R&D only on high-potential opportunities with high probability of product development success. Shareholders wouldn't care to let them just spend money just anywhere and waste it.

8note|7 years ago

except when the owners of the IP don't actually make new medicines, and instead us that money to buy more IP to charge higher prices for

didibus|7 years ago

Right, and such a concession to be agreed on by Canada would require an equally beneficial concession made by the U.S. no?

I guess I only see 3 scenarios for such a trade agreement.

1) Both parties try to predict future economic growth. So maybe US believes IP protection for drugs would have a huge impact on their economy. But Canada thinks they're wrong, and that they'll make more gains from tax free dairy exports to the US that it will trump the loses from drug IPs. This is what I hope is happening. In which case, whoever can predict best wins.

2) This whole thing is driven by corruption. And the deals are not beneficial to Canada at large, but to special interests within it to which the deal is beneficial, even though it won't be for the average tax payer.

3) The US is using military threat or similar kind of forceful threat in order for Canada to just adopt laws that benefit the US only.

Is there something else at play here I can't see?

pyre|7 years ago

> Right, and such a concession to be agreed on by Canada would require an equally beneficial concession made by the U.S. no?

The way that Trump likes to negotiate that's not necessarily the case. He may think that he can get huge concessions without giving anything in return by just "playing hardball" and issuing threats to terminate negotiations if they don't go his way.