|
PureBytes Links
Trading Reference Links
|
I'm aware that news media outside the US are prone to lay blame for many
US ills on the US legal system. While the tort system is driving some
judgements beyond reason, the economic impact is far less than a few
headline settlements would lead one to believe and the reductions on
appeal get far less press. Also, there should be no question that the
potential for legal scrutiny leads to benefits as well as harm -
decreased care and remedial costs result from better products and
services. The fact is that unfettered free enterprise does not always
work well or fairly and this may very well be the case in the drug
industry.
Earl
----- Original Message -----
From: "Gwenael Gautier" <ggautier@xxxxxxxxxxx>
To: <eadamy@xxxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, January 28, 2000 7:22 AM
Subject: Re: [RT] Re: Latest numbers
>
>
> Earl Adamy wrote:
>
> > <snip> Not to mention the US prescription drug costs which are
> > rising rapidly and are the highest in the world ... I need only
visit a
> > pharmacy across the border in Mexico (or Canada for that matter) to
see
> > the extent to which US consumers are being gouged. <snip>
>
> Wouldn't that be the natural consequence of a hyperbloated US legal
system,
> whereby lawyers are in business to find new money making schemes, not
in
> business to make sure laws are applied properly...?
>
> Gwenn
>
>
|