HN
Hacker News
Top
New
Best
Ask
Show
Jobs
Comment by Super_Jambo | Hacker News Reader
Full thread
Super_Jambo
·
Ah yes "free markets".
View on HN
scaryspooky
·
Except there is very little "free market" about the medical device industry, which is heavily regulated and also able to abuse the patent system.
cmdrfred
·
Probably the most regulated market we have.
Symmetry
·
Drugs combine the intensive quality regulations that medical devices have with
production quotas
so those probably edge out medical devices.
cmdrfred
·
Isn't this a medical device that contains a drug?
setum
·
It's hardly a "free market" - the barrier to entry is very high due FDA approval process which can take decades and millions of dollars.
Reply on news.ycombinator.com