[daniel-cussen]

That's pretty much it, but I would add that since medicine in the American sphere of influence is a cornered market the goal is always to deny care, so the patients are more desperate and pay higher prices. Endgame is a billionaire paying his whole billion-dollar fortune for a loaf of bread because he's starving. First you have to corner the market, then deny food, then eventually yes, eventually he will in fact pay a billion dollars for a loaf of bread, I fucking guarantee it.

[arcticbull]

Indeed there's no reason that Cuban won't, like Uber, wake up one day and 5X prices - or bring in the recently-released Pharma Bro Shkrelli.

Good will and brand alone isn't sufficient to build a medical system on.

[edgefield]

And I’m not so worried about Cuban. I’m worried about when he exits. The next owner(s) will certainly have a different agenda.

[trident5000]

Maybe, but increased competition never hurt the consumer.

[maerF0x0]

I'm curious if this is literally always true?

I agree that competition often helps improve pricing and quality, of course.

But I wonder if at times competition leads to a net degradation such as "race to the bottom" scenarios?

[TuringNYC]

>> Indeed there's no reason that Cuban won't, like Uber, wake up one day and 5X prices

Perhaps, but until then, I welcome the value he'd create for us