Managed Care and Monopoly Power: The Antitrust Challenge by Deborah Haas-wilsonManaged Care and Monopoly Power: The Antitrust Challenge by Deborah Haas-wilson

Managed Care and Monopoly Power: The Antitrust Challenge

byDeborah Haas-wilson

Hardcover | July 31, 2003

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As millions of Americans are aware, health care costs continue to increase rapidly. Much of this increase is due to the development of new life-sustaining drugs and procedures, but part of it is due to the increased monopoly power of physicians, insurance companies, and hospitals, as the health care sector undergoes reorganization and consolidation. There are two tools to limit the growth of monopoly power: government regulation and antitrust policy. In this timely book, Deborah Haas-Wilson argues that enforcement of the antitrust laws is the tool of choice in most cases.

The antitrust laws, when wisely enforced, permit markets to work competitively and therefore efficiently. Competitive markets foster low prices and high quality. Applying antitrust tools wisely, however, is a tricky business, and Haas-Wilson carefully explains how it can be done. Focusing on the economic concepts necessary to the enforcement of the antitrust laws in health care markets, Haas-Wilson provides a useful roadmap for guiding the future of these markets.

Deborah Haas-Wilson is Professor of Economics, Smith College.
Title:Managed Care and Monopoly Power: The Antitrust ChallengeFormat:HardcoverDimensions:256 pagesPublished:July 31, 2003Publisher:HarvardLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0674010523

ISBN - 13:9780674010529


Table of Contents


1. The Transformation of the Health Care System

2. The Current Treatment: A Strong Dose of Competition

3. Antitrust Policy in Health Care Markets

4. Market Definition in Health Care Antitrust Cases Involving Consolidation

5. Entry Barriers in Health Care Markets

6. The Effects of Horizontal Consolidation amongHospitals, Physicians, or Insurers

7. The Effects of Vertical Consolidation inHealth Care Markets



Index of Organizations

Subject Index

Editorial Reviews

[Hass-Wilson] demonstrates an immense depth of scholarship in the law and economics...[T]his is an excellent book... Economists and laymen who care about health policy or health antitrust should read this book.