A discussion on the effects of the Hatch-Waxman Act on the pharmaceutical industry, including the lack of competition from generics and the subsequent increase in market share.
Robin Feldman of the University of California Hastings College of Law and author of Drug Wars talks about her book with EconTalk host Russ Roberts. Feldman explores the various ways that pharmaceutical companies try to reduce competition from generic drugs. The conversation includes a discussion of the Hatch-Waxman Act and the sometimes crazy world of patent protection.
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