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Bills prohibiting market consolidation in medicine

Richard Stallman's Personal Page [Unofficial] April 9, 2026
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A series of bills in Congress would prohibit various aspects of market consolidation in medicine. It used to be the case that large investment funds needed a publicly traded corporation to raise so much money. Publicly traded corporations were regulated more strictly. But increasing concentration of wealth made it feasible to raise such sums without a publicly traded corporation, and thus to avoid the regulation, with harmful consequences. I believe that any investment vehicle over a certain size should be required to be a publicly traded corporation.

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