Baidu feels the heat as private hospitals boycott advertising

[bill]

http://www.valuewalk.com/2015/04/baidu-inc-hospitals-boycott-advertising/ [valuewalk.com]

Baidu Inc Feels The Heat As Private Hospitals Boycott Advertising

Putian Healthcare Industry Chamber of Commerce represents about 80% of China’s private hospitals. Putian accuses Baidu of charging too much for medical advertising. The search engine giant signs master contracts with private hospitals every year and urges them to hike their ad spending by 30%-40%. Hospitals find it difficult to keep increasing their ad spending at that rate year after year.

[lucy24]

I was racking my brains trying to remember what this story puts me in mind of, and I finally got it. It's the beginning of a longago editorial in the Washington Monthly, which ran something like this:

In Florida, the doctors and the trial lawyers-- two groups who richly deserve each other--

... and I forget the rest. But there you are.