Monopoly in Healthcare
Healthcare’s New Watchdog: The Public’s Portal to Fair Play
Empowering Citizens in the Fight Against Healthcare Monopolies – Can “HealthyCompetition.gov” Turn the Tide?
In a recent attempt that resonated with the ongoing concerns highlighting the dangers threatening tge integrity of our healthcare system. In response to the rising concerns, the Federal Trade Commission (FTC), in collaboration with the Justice Department and the U.S. Department of Health and Human Services (HHS), has launched a new web-based public portal, HealthyCompetition.gov.
The newly launched web portal is a whistleblower site designed to serve as a pipeline fir individuals to report practices suspicious of stifling competition in the healthcare domain. This is a significant step given the historical perspective that business monopolies and unfair competition rob Americans of high-quality healthcare.
The answer to the question of whether this initiative will succeed is to be determined and complex.
On the one hand, healthcare’s novel watchdog technology empowers individuals who want to protect the competitive healthcare landscape proactively. On the other hand, there’s a conceivable doubt about whether the web portal can…
