Wednesday, June 13, 2018

EXPROPRIATING PHARMACEUTICAL PATENTS

    If Canada wants to decisively threaten maximum pain and stop the escalating trade war with the U.S., it should propose expropriating pharmaceutical patents
   Thanks to an obscure twist of world trade law, doing so is perfectly legal, too. In the years since NAFTA, developments in international law have made expropriation of pharmaceutical patents easier and less risky than ever. Between 1998 and 2005, at the height of the HIV/AIDS crisis, the World Trade Organization cobbled together special rules making it lawful to “compulsory license”—or, essentially, expropriate—pharmaceutical patents. The rules allow Canada’s government to authorize Canadian companies to copy patented drugs controlled by U.S. companies. There is no need for an AIDS-like health emergency, so long as certain manageable procedural steps are followed. Further, those procedural steps can be shortcut “to remedy a practice determined after … administrative process to be anti-competitive”—likely an easy determination for President Trump’s bogus claim that aluminum and steel tariffs are needed for national security.

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