The American Medical Association is urging the Department of Justice and the Federal Trade Commission to take a hard look at the current federal guidelines that govern mergers, as the organization believes the current framework for analyzing M&A activity that could reduce competition in labor markets is insufficient, Health Leaders reports.
“The AMA has long understood that competition in health insurance, not consolidation, is the right prescription for health insurer markets,” the letter reads. … “Mergers of competing buyers in labor markets, such as the markets in which physicians sell services to health insurers, receive short shrift in the existing Merger Guidelines. Merely one page is devoted to monopsony, and there is no discussion of monopsony issues in labor markets.” Read more.
