http://www.marketwatch.com/story/mylans-stock-surges-after-profit-and-sales-beat-expectations-2017-03-01
http://khn.org/news/behind-the-epipen-monopoly-lobbying-muscle-flailing-competition-and-tragic-deaths/
https://www.washingtonpost.com/business/economy/2016/08/25/7f83728a-6aee-11e6-ba32-5a4bf5aad4fa_story.html?utm_term=.cfc197512bd8
Utilizing the following two articles, explain how Mylan Laboratories was able to create a "monopoly" of such for their Epipen product line. Also, explain how the company has used its pricing power to maximize revenue from the product. Why has the government been ineffective in controlling this monopoly in the healthcare industry? Why have competitors been slow to enter this market and break the alleged monopoly?
http://www.marketwatch.com/story/mylans-stock-surges-after-profit-and-sales-beat-expectations-2017-03-01
http://khn.org/news/behind-the-epipen-monopoly-lobbying-muscle-flailing-competition-and-tragic-deaths/
https://www.washingtonpost.com/business/economy/2016/08/25/7f83728a-6aee-11e6-ba32-5a4bf5aad4fa_story.html?utm_term=.cfc197512bd8
Utilizing the following two articles, explain how Mylan Laboratories was able to create a "monopoly" of such for their Epipen product line. Also, explain how the company has used its pricing power to maximize revenue from the product. Why has the government been ineffective in controlling this monopoly in the healthcare industry? Why have competitors been slow to enter this market and break the alleged monopoly?
