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Why are drug prices so high in the United States?

drug high prices united states
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Why are drug prices so high in the United States?

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The FDA does not have the authority to regulate the prices of drug products in the United States. Manufacturers, distributors, and retailers establish these prices. Since some countries’ health care systems are government controlled, such as Canada’s, drugs sold in these countries may be considerably less expensive than they are in the United States. You may wish to contact the Federal Trade Commission (FTC) to voice your concerns on the price of drugs. The FTC enforces a variety of Federal antitrust and consumer protection laws. The FTC seeks to ensure that the nation’s markets function competitively, and are vigorous, efficient, and free of undue restrictions. You can contact them at: Federal Trade Commission Bureau of Competition Office of Policy and Evaluation Room 394 Washington, D.C. 20580 Phone: 202-326-3300 Internet: http://www.ftc.gov We understand that drug prices have a direct impact on the ability of people to cope with their illnesses as well as to meet other expenses. The

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