Do you believe in supply and demand, or do you not? If the market cannot bear the cost of the pens, they will not sell. If they don't sell, the price will come down. Or, there will be ample incentive for another company to move in with a more competitive product.
The problem is that the government is enabling a monopoly, they are supposed to fight against monopolies.
They will sell because the government has passed a law saying that certain places, like schools must buy them.
So enjoy when your taxes go up to pay for these items.
Or, there will be ample incentive for another company to move in with a more competitive product.
There was a company that made a more competitive product. Oddly they were alleged to have produced a product that was not up to code. This allegation, (not proven mind you) was enough to force a recall and they quit making the product leaving this company as the only major supplier.
So you have a forced market (by government), an elimination of competition (by government) and the price (from a company with extensive government connections) suddenly skyrockets and you don't find this even the slightest bit odd?
This is in no way resembles a "free market" and yet you have alleged "conservatives" lining up to throw themselves on this grenade.
How... interesting.
“If the market cannot bear the cost of the pens, they will not sell”
When your child’s life depends upon it, you will spend whatever it takes, including going into debt.
“Do you believe in supply and demand, or do you not?”
Do you jest? Of course I do. That doesn’t make it right! Nor do the laws of supply and demand figure into this rise in cost. Simply because they COULD, Mylan did. When the pill that cost 14.95 was raised to over $900, was that supply and demand; or GREED?
Let’s agree to disagree.
From what I’ve read about the subject, Mylan lobbied for govt. mandates that schools and amusement parks and cruise lines must buy this life saving product. That’s when the price got jacked up. They don’t care whether an individual has to fork over $600 and whether they’ll pass on it. It’s the school systems and recreation companies that’ll be buying them, so they’re really in the money now. Of course, the public will ultimately be the ones paying but most people will be clueless about what’s happening, as usual.