School of Economics | Intellectual Property Raises Costs of Living
1128
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14 Mar

Posted at 00:43h in SOE by
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Jomo Kwame Sundaram and Claire Lim Many medicines and medical tests are unaffordable to most of humanity owing to the ability of typically transnational pharmaceutical giants to abuse their monopoly powers, enforced by intellectual property laws, to set prices to maximize profits over the long-term. Most basic...