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There's a reason why regulatory bodies exist, and it's not because "they are commies that want to crush the free market"
I dont recall anyone mentioning commies, or crushing the free market. SO you are making a fallacious argument.. BTW - I did google it:
In 2015, the U.S. spent $325 billion on retail prescription drugs (drugs purchased at pharmacies and through the mail, as opposed to those administered directly by doctors), according to the Centers for Medicare & Medicaid Services. That's 1.8% of GDP, or 10% of total national health expenditures.
Your example Heritage pharma is a drop in the bucket - not a real issue.