Federal Trade Commission Chair Lina Khan is focused on avoiding monopolies in several industries, but healthcare is a priority on the agency’s target list.
“We all know health care is not like buying a toaster. It really can be life or death for people, and so that’s why this is a particular area of focus for us,” Khan said at the Oliver Wyman Health Summit in Chicago Monday. But Khan told the audience she continues to learn from industry consolidation, which has taken place over the last several years. The FTC’s retrospective data, she said, showed that “below the radar” deals — less than $100 million in value — don’t have to be reported to the FTC and have contributed to market consolidation. Read more.
