The CMA has issued its provisional findings as part of its remittal investigation into the private healthcare market. The provisional findings relate to the parts of the CMA’s original findings that were set aside by the Competition Appeal Tribunal and sent back to the CMA to reconsider.
This followed an appeal by HCA International Limited, the largest private hospital operator in central London. The CMA has provisionally found that HCA’s large market share, combined with high barriers to entry and expansion in central London, result in HCA facing weak competitive constraints and that this leads to HCA charging higher prices to private medical insurers than would be expected in a well-functioning market.
The remedies which the CMA is currently minded to consider are: the divestment of one or more hospitals by HCA; HCA allowing competitors access to one or more of its hospitals; and preventing further expansion by HCA in central London. Click here.