Said laws are created by society to benefit society. A pharmaceutical company is able to create an apparent 10x more value under such laws because they are delivering on the value of that regulated market along with the value of their product.
Of course, as before, no benefit is consequence free. We see in the example that said benefit means that some people may not have access to drugs, which negatively affects society in other ways. That doesn't mean society sees no benefit. There are always tradeoffs. Something can be a benefit and detriment at the same time.
Perhaps what you are trying to say is that you think that society should see better access to drugs as being a higher priority than the benefits it expects from the regulated market? But clearly society, which is free to repeal or change said laws as it sees fit, disagrees. Society will certainly never please all individuals. That's a tradeoff of having a society.
Of course, as before, no benefit is consequence free. We see in the example that said benefit means that some people may not have access to drugs, which negatively affects society in other ways. That doesn't mean society sees no benefit. There are always tradeoffs. Something can be a benefit and detriment at the same time.
Perhaps what you are trying to say is that you think that society should see better access to drugs as being a higher priority than the benefits it expects from the regulated market? But clearly society, which is free to repeal or change said laws as it sees fit, disagrees. Society will certainly never please all individuals. That's a tradeoff of having a society.