Competition commission: Lawyer warns against price regulation for private healthcare

2013-10-30 08:47

The Competition Commission may find itself in a compromising situation if it forges ahead with plans to look into price regulation and make recommendations on this contentious issue during its probe into the cost of private healthcare.

“The commission is supposed to be an independent institution that pursues free and fair competition in markets. For it to simultaneously intervene in markets through price setting, possibly towards uncompetitive outcomes ... would be contradictory,” he said.

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