Pharmacy Monopoly

Introduction A pharmacy monopoly is a form of economic power in which one or more market participants have the exclusive right to sell a certain type of product or service. In this case, we are talking about medicines and medical services that are sold only through pharmacies.

Advantages and disadvantages of a pharmacy monopoly Advantages: - There is no competition between pharmacies, which allows reducing the price of medicines. - Increasing the availability of medicines for patients. - The quality of medicines is controlled by the state, which ensures the safety and effectiveness of their use. Disadvantages: - Limitation of the choice of drugs offered to patients. - Reduced variety and quality of services for patients if only one pharmacy is located