9/23/2010

CADE will keep an eye on increasing concentration on the health care industry

On yesterday's judgment session, CADE's commissioners have expressed the agency will follow attention the consolidation of health care companies.

While approving without restrictions the of two aqcuisitions involving large operators of health insurance plans, Commissioner Ricardo Ruiz noted that the industry is going through a very fast process of concentration and that competition concerns may arise in the near future.

Commissioner Carlos Ragazzo added that there is also a movement towards verticalization in the sector with integration of plan operators, hospitals and even pharmacies.

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