[bamfly]

Every other developed country imposes price controls on at least parts of the healthcare industry. Drugs are just about always on the list. Either directly, or through monopsony power.

[BurningFrog]

Yes, currently most of the world is "free riding" on the US, which is the only country paying full price for drugs.

If/when the US also stops paying, I expect drug development will stagnate a lot.

[refurb]

The US already imposes price controls in the US. Look up things like 340B, Medicaid mandatory rebates, etc.