Breaking Points with Krystal and Saagar 2/18/23 FULL PARTNER ROUNDUP: Biden Anti Trust Enforcement, Big Pharma Corruption and The Ohio Rail Disaster
Feb 18, 2023
In this discussion, Matt Stoller, an antitrust analyst and author of the newsletter "Big," delves into Biden's antitrust policy and contrasts it with the neoliberal past. James Li, host of "5149," highlights the significant grip of Big Pharma on public health, focusing on its lobbying power and the undermining of trust in vaccine distribution. The conversation also touches on the aftermath of the Ohio Rail Disaster, exploring the critical safety issues and corporate negligence that led to this environmental crisis.
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India Challenges Big Pharma
- India refused to buy Pfizer or Moderna's vaccines unless they waived liability and conducted local trials.
- This challenged Big Pharma's power to dictate terms to governments.
Pfizer's COVID-19 Vaccine Dealings
- Pfizer claimed their COVID-19 vaccine's cost would be lower with indemnity, but the US paid more than other countries.
- They also avoided local trials in India, prioritizing sales over safety assurances.
Pfizer's Aggressive Negotiations
- Pfizer demanded sovereign assets like embassies as collateral during vaccine negotiations with Latin American countries.
- This highlights their aggressive tactics and immense power.