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Books > Law > Laws of other jurisdictions & general law > Social law
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Antitrust Policy in Health Care Markets (Paperback)
Loot Price: R1,287
Discovery Miles 12 870
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Antitrust Policy in Health Care Markets (Paperback)
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Health care costs in the United States are much higher than in
other countries. These cost differences can be explained in part by
a lack of competition in the United States. Some markets, such as
pharmaceuticals and medical equipment, have elements of monopoly.
Other markets, such as health insurance, have elements of
monopsony. Many other markets may be subject to collusion on
prices, such as generic drugs, or wages, such as the nurse labor
market. Lawful monopoly and monopsony are beyond the reach of
antitrust laws, but collusion is not. When appropriate, vigorous
antitrust enforcement challenging anticompetitive conduct can aid
in reducing health care costs. This book addresses monopoly,
monopsony, cartels of sellers and buyers, horizontal and vertical
merger policy, and antitrust enforcement through private suits as
well as the efforts of the antitrust Agencies. The authors
demonstrate how enforcing antitrust laws can ultimately promote
competition and reduce health care costs.
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