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Price Comparisons of Identical Products in Japan, the United States and Europe

In: Economic Analysis of Regulated Markets

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  • W. Duncan Reekie

Abstract

This chapter reports on a study of eight leading multinational pharmaceutical firms each of which markets products in Europe, the United States and Japan. One motivating factor behind the exercise was that, increasingly, governments and academics have resorted to international price comparisons to ascertain whether or not a given firm’s price range or a given product’s price was ‘fair’ (NEDO 1972; Cooper, 1975). Second, no such comparison with the methodology used here has been carried out before.

Suggested Citation

  • W. Duncan Reekie, 1983. "Price Comparisons of Identical Products in Japan, the United States and Europe," Palgrave Macmillan Books, in: Jörg Finsinger (ed.), Economic Analysis of Regulated Markets, chapter 9, pages 168-181, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-17099-9_9
    DOI: 10.1007/978-1-349-17099-9_9
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