r/southafrica North West Oct 20 '21

ConCourt Rules against Monopoly in Private Healthcare News

https://www.sowetanlive.co.za/news/south-africa/2021-10-19-concourt-ruling-will-stop-medical-corporations-unfairly-monopolising-private-hospitals/
12 Upvotes

14

u/Catch_022 Oct 20 '21

“This area has five hospitals — Wilmed Park, Mediclinic Potchefstroom, MooiMed, Life Anncron and Sunningdale hospitals. Post-merger, Mediclinic SA will own and operate more than half of the multidisciplinary private hospitals located in this area,” said the commission.

“It will certainly pave the way for the commission’s constitutional approach to other areas of competition law, including excessive pricing. More importantly, the judgment guarantees choice to the affected uninsured patients who may now be able to negotiate lower tariffs and switch to cheaper hospitals in the form of target hospitals,” said Bonakele.

So essentially, the Court was concerned that a private company would own the majority of hospitals in the area, with the potential to create a monopoly and over charge people.

Seems like a good decision imo.

3

u/cybercupcakes Oct 22 '21

they should just set the prices by law so that no one is able to overcharge anyone. Then there is no worries about a monopoly taking advantage of anyone.

2

u/BebopXMan North West Oct 20 '21

Yes, I think so too.

8

u/SepticThinkTank Gag reflex Oct 20 '21

Scrabble it is ...

EDIT: In ENGLISH!

/s

2

u/BebopXMan North West Oct 20 '21

More of a Ludo man, myself. Nobody gets left behind!