+137 Eli Lilly is only cutting insulin prices to try to put Mark Cuban out of business, before he kills their sales, amirite?

by Anonymous 2 years ago

Does Cuban sell insulin?

by Anonymous 2 years ago

I searched for my rx and he doesn't carry them.

by Anonymous 2 years ago

So what you're saying is that in a competitive capitalistic environment prices can fall and favor the consumer? Amazing!

by Anonymous 2 years ago

Temporarily yes. But only at a loss to companies who can afford to do it, again temporarily, until all competition is eliminated and then they can raise prices as much as they want because people can't simply refuse to buy insulin. The free market balance of natural self regulation doesn't exist when it comes to essential goods.

by Anonymous 2 years ago

Capitalism has no morals.

by Anonymous 2 years ago

Communism and socialism are objectively worse. Don't vuvuzela ifone your way around it.

by Anonymous 2 years ago

Just because I pointed out one flaw of capitalism doesn't mean I support communism 🤦

by Anonymous 2 years ago

I don't think they sell insulin there

by Anonymous 2 years ago

Or maybe they are reacting to public pressure to lower their prices?

by Anonymous 2 years ago

Public pressure has been there for years. Announcement was today.

by Anonymous 2 years ago

What op is talking about id fairly standard practice in business. They're probably correct

by Anonymous 2 years ago

That's a fallacy that doesn't work.

by Anonymous 2 years ago

wow, didnt think about this. good point.

by Anonymous 2 years ago

It's called capitalism dude; competition in the market is a good thing. Increased availability and in this case competitive prices.

by Anonymous 2 years ago

Mark Cuban is no saint and I don't trust any entrepreneurs to do things in the benefit of the consumer. If people pay slightly less it's only because a corner is being cut somewhere else or a person is being exploited

by Anonymous 2 years ago