11. Mar, 2018


Collusion between producers and distributors can hurt consumers in many ways, most especially when consumers are dependent upon the distributors for expert advice. This happens with doctors and Pharma, but also in areas like Financial Services where brokers wind up working for the producers of derivatives and securities instead of their clients. Because of the information asymmetry that exists between experts and their clients normal markets forces are compromised.

The same day President Trump declared the opioid crisis a public health emergency