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Health services research · Dec 1998
ReviewIncreasing consolidation in healthcare markets: what are the antitrust policy implications?
- D Haas-Wilson and M Gaynor.
- Smith College, Northampton, MA 01063, USA.
- Health Serv Res. 1998 Dec 1; 33 (5 Pt 2): 1403-19.
ObjectiveTo discuss the implications of the rapid transformation of the healthcare financing and delivery system for competition, social welfare, and antitrust policy.Principal FindingHorizontal and vertical consolidations can enhance efficiency but can also be anticompetitive in markets characterized by entry barriers.RecommendationActive enforcement of the antitrust laws is essential to ensure that competition in healthcare markets will lead to procompetitive, rather than anticompetitive effects. However, healthcare antitrust enforcement policy must be flexible enough to allow efficient new forms of organization and practice to emerge.
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