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Prescription drug list prices in the United States continually are among the highest in the world. [1] [2] The high cost of prescription drugs became a major topic of discussion in the 21st century, leading up to the American health care reform debate of 2009, and received renewed attention in 2015.
Unlike changes in the demand curve -- like an increase in a product's or substitute product's price, or changes in consumer tastes, preferences and expectations -- price gouging happens when ...
Midol is a brand of over-the-counter analgesic drugs marketed for menstrual cramping and other effects related to premenstrual syndrome and menstruation. Various subbrands are formulated using different active ingredients. Midol is distributed by Bayer.
A study from 2024 [51] showed that oftentimes when allegations of "price gouging" are made, the profit margins of sellers and vendors is substantially lower than critics believe, such as in the case of grocers recently accused of "price gouging" who actually had a 1.2% profit margin after expenses; with Kroger having their highest profits in ...
In general, after an inflationary spike, it's very hard to return prices to where they were. Sustained price declines typically only happen in steep, protracted recessions .
James and her fellow attorneys general noted that price gouging was especially prevalent at the onset of the Ukraine war and during the COVID-19 pandemic, both of which were issues that affected ...
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