Instead, licence more manufacturers into the Indian market. Possibly insist upon no sole distributor arrangements, so that we see market competition in that sector. But the solution to high prices as a result of market power is to kill the market power, not to control the prices.
from Forbes Real Time http://www.forbes.com/sites/timworstall/2017/08/17/indias-mistake-in-cutting-knee-implant-costs-price-fixing-simply-doesnt-work/
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