Medtronics killed the low cost ventilator(pluralistic.net)
pluralistic.net
Medtronics killed the low cost ventilator
https://pluralistic.net/2020/03/30/medtronic-stole-your-ventilator/#market-oxygen
6 comments
There are clear arguments that Bell was managed like a national utility and they ended up allowing all use of their massive parent portfolio for free
> The problem is that monopolies aren't just bad because they raise prices, they're bad because they are monopolies.
The specific harms raised are valid, but I get tired of this generalization. The Bell System was an example of a well regulated monopoly.
The specific harms raised are valid, but I get tired of this generalization. The Bell System was an example of a well regulated monopoly.
Some monopolies are necessary, like utilities. But they need to be regulated.
It's "Medtronic," not "Medtronics."
Also, the AARC recommended in 2006 and 2008 that HHS add 10k+ ventilators to the SNS, but they didn't. The SNS ventilators that were stored were mostly unmaintained and unusable thanks to the lack of maintenance funding.
https://www.aarc.org/wp-content/uploads/2018/08/issue-paper-...
Also, the AARC recommended in 2006 and 2008 that HHS add 10k+ ventilators to the SNS, but they didn't. The SNS ventilators that were stored were mostly unmaintained and unusable thanks to the lack of maintenance funding.
https://www.aarc.org/wp-content/uploads/2018/08/issue-paper-...
No, conservative economic and legal policy combined with judicial activism killed antitrust and other regulation, which enables bad market behavior.
Super frustrating how the interests of the healthcare industry aren't aligned with national health.