Virtual monopolies exist in almost every healthcare sector: from hospitals and health systems to medical groups and single specialties backed by private equity. With so much consolidation of power and influence, U.S. healthcare has become a conglomerate of monopolies; the subject of this continuing series. When it comes to claiming market control, pharmaceutical companies stand…
Tag: doctors kill patients
U.S. Healthcare: A Conglomerate Of Monopolies (By Dr. Robert Pearl)
The Taylor Swift ticketing debacle of 2022 left thousands of frustrated ‘Swifties’ without a chance to see their favorite artist in concert. And it also highlighted the trouble that arises when companies like Ticketmaster gain monopolistic control. In any industry, market consolidation limits competition, choice and access to goods and services, all of which drive up prices. But…