Publisher's Synopsis
Excerpt from Health Care Reform: Do Antitrust Laws Discourage Cost Cutters or Defeat Price Gougers?: Hearing Before the Subcommittee on Antitrust, Monopolies, and Business Rights of the Committee on the Judiciary, United States Senate, One Hundred Third Congress, First Session
Senator metzenbaum. The subcommittee will come to order. I apologize for being a few minutes late. Health care reform is long overdue, and I am optimistic we Will soon be able to fix a health care system that has failed millions of Americans. I was particularly struck by a recent poll in the Wall Street Journal which found that 66 percent of the American people are so concerned about the inadequacy of the health care system that they are willing to pay higher taxes. However, I am concerned that the marvelous spirit of sacrifice reflected in the Journal's poll may not be shared by those who have profited so handsomely from our health care system - the doctors, the hospitals, and the drugmakers. I am particularly skeptical of their clarion calls for weakening our Nation's fair competition laws. These groups complain that they are caught in an inherent conflict between antitrust policy and health policy. On one hand, health policy encourages them to collaborate, while on the other hand antitrust policy threatens those collaborations. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.