Canadian Drugstores
The US pharmaceutical industry is currently fighting it out with their Canadian counterparts. The reason? For one, the latter has managed to garner a sizeable amount of the former's market share. Driven by cheaper prices, this trend is continuing and Canadian pharmacies are adding customers like never before. US pharmaceutical companies have gone on the offensive, criticizing their Canadian counterparts for indulging in unfair trade practices. The origin of this conflict goes back to the early when the American industry lobbied hard to make cross-border trading with Canada and Mexico duty free. The result of this was the North American Free trade Agreement or NAFTA. Thanks to NAFTA, trade between the three North American countries (the US, Canada and Mexico) began growing. NAFTA permitted free movement of goods across the borders without the imposition of usual cross-border tariffs. The American industry benefited enormously from this because they could now outsource their man...