Does generic entry always increase consumer welfare?
Publication
, Journal Article
Grabowski, H; Lewis, T; Guha, R; Ivanova, Z; Salgado, M; Woodhouse, S
Published in: Food and drug law journal
January 2012
This article examines how the nature of competition between brands in a therapeutic category changes after generic entry and provide a framework for analyzing the effect of generic entry on consumer welfare that takes into account the generic free riding problem. It demonstrates that changes in competition along dimensions other than retail price--such as competition in research and development efforts and in promotional activities--may, in certain situations, result in generic entry having an overall negative impact on consumer welfare.
Duke Scholars
Published In
Food and drug law journal
ISSN
1064-590X
Publication Date
January 2012
Volume
67
Issue
3
Start / End Page
373 / ii
Related Subject Headings
- United States
- Law
- Humans
- Economic Competition
- Drugs, Generic
- Drug Costs
- Consumer Advocacy
Citation
APA
Chicago
ICMJE
MLA
NLM
Grabowski, H., Lewis, T., Guha, R., Ivanova, Z., Salgado, M., & Woodhouse, S. (2012). Does generic entry always increase consumer welfare? Food and Drug Law Journal, 67(3), 373–ii.
Grabowski, Henry, Tracy Lewis, Rahul Guha, Zoya Ivanova, Maria Salgado, and Sally Woodhouse. “Does generic entry always increase consumer welfare?” Food and Drug Law Journal 67, no. 3 (January 2012): 373–ii.
Grabowski H, Lewis T, Guha R, Ivanova Z, Salgado M, Woodhouse S. Does generic entry always increase consumer welfare? Food and drug law journal. 2012 Jan;67(3):373–ii.
Grabowski, Henry, et al. “Does generic entry always increase consumer welfare?” Food and Drug Law Journal, vol. 67, no. 3, Jan. 2012, pp. 373–ii.
Grabowski H, Lewis T, Guha R, Ivanova Z, Salgado M, Woodhouse S. Does generic entry always increase consumer welfare? Food and drug law journal. 2012 Jan;67(3):373–ii.
Published In
Food and drug law journal
ISSN
1064-590X
Publication Date
January 2012
Volume
67
Issue
3
Start / End Page
373 / ii
Related Subject Headings
- United States
- Law
- Humans
- Economic Competition
- Drugs, Generic
- Drug Costs
- Consumer Advocacy