2001 | OriginalPaper | Chapter
Concentration and Competition in the Chemotherapy Drug Market
Author : Jeffrey A. Dubin
Published in: Empirical Studies in Applied Economics
Publisher: Springer US
Included in: Professional Book Archive
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The pharmaceutical industry is comprised of companies that discover and sell drugs that require a doctor’s prescription. The pharmaceutical industry ranks among the top industries in the United States in sales and research and development. This chapter considers competition in this industry and investigates the relationship between market structure, patent protection, and concentration.