Name: The Competitive Effects of Not-for-Profit Hospital Mergers: A Case Study (en Inglés)
Price: 76246.00 COP
Availability: InStock
Author: Federal Trade Commission
ISBN: 9781502365576

portada The Competitive Effects of Not-for-Profit Hospital Mergers: A Case Study (en Inglés)

Formato

Libro Físico

Autor

United States Federal Trade Commission

Editorial

Createspace Independent Publishing Platform

Idioma

Inglés

N° páginas

Encuadernación

Tapa Blanda

Dimensiones

28.0 x 21.6 x 0.3 cm

Peso

0.14 kg.

ISBN13

9781502365576

Categorías

Fusiones por absorción y consolidación y adquisiciones de participaciones mayoritarias

The Competitive Effects of Not-for-Profit Hospital Mergers: A Case Study (en Inglés)

United States Federal Trade Commission (Autor) · Createspace Independent Publishing Platform · Tapa Blanda

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Reseña del libro "The Competitive Effects of Not-for-Profit Hospital Mergers: A Case Study (en Inglés)"

Applying conventional horizontal merger enforcement rules to mergers of nonprofit hospitals is controversial. Critics contend that the different objective function of not-for-profits entities should mitigate, and possibly eliminate, competitive concerns about mergers involving nonprofit hospitals. We provide evidence relevant to this debate by analyzing ex post a horizontal merger in a concentrated hospital market. Here, the transaction reduced the number of competitors (both nonprofit) in the alleged relevant market from three to two. We find that the transaction resulted in significant price increases; we reject the hypothesis that these price increases reflect higher post-merger quality. This study should help policymakers assess the validity of current merger enforcement rules, especially as they apply to not-for-profit enterprises.