US Wrecks Cheap Drugs Deal
"Dick Cheney, the US vice-president, last night blocked a global deal to provide cheap drugs to poor countries, following intense lobbying of the White House by America's pharmaceutical giants. Faced with furious opposition from all the other 140 members of the World Trade Organization, the US refused to relax global patent laws which keep the price of drugs beyond reach of most developing countries."

The drugs industry is another rent-seeking monopoly based on government-created patents and copyrights.

US Wrecks Cheap Drugs Deal
"Dick Cheney, the US vice-president, last night blocked a global deal to provide cheap drugs to poor countries, following intense lobbying of the White House by America's pharmaceutical giants. Faced with furious opposition from all the other 140 members of the World Trade Organization, the US refused to relax global patent laws which keep the price of drugs beyond reach of most developing countries."

The drugs industry is another rent-seeking monopoly based on government-created patents and copyrights.