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The private healthcare market is an increasingly important part of the UK economy. This is due, in part, to the higher demand for healthcare services arising from an ageing population. Following a market study into privately funded healthcare services in the UK, in April 2012 the Office of Fair Trading referred the market to the Competition Commission for a full inquiry. A wide range of quantitative techniques are available for defining markets in the private healthcare sector, but which are most appropriate for competition analysis of private healthcare in the UK?
Lola Makhkamova, Matthew Johnson and Gunnar Niels
To read the rest of this article, see Competition Law Journal: , Issue 1, Economic Focus (link for online subscribers who have already logged in click here).
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