Friday, August 9, 2019
Antitrust Legislation in the USA Essay Example | Topics and Well Written Essays - 250 words
Antitrust Legislation in the USA - Essay Example The company had employed predatory strategies to ensure that other market players cannot operate freely without considerably favoring Microsoft. à In identifying instances of antitrust violations, the Free Trade Commission (FTC) is responsible for determining whether a given market player has, either intentionally or unintentionally, manipulated the market to either mitigate or limit entry of competitors into the market (Hylton, 2003). The FTC has the duty of quantifying to what extent the given market player has violated the freedom of entry into the market. FTC controls this by regulating the issuance of patents and enforcing the legality of these patients. à The Stark Act prevents antitrust within healthcare by ensuring that physician referrals of certain DHS (Designated Health Services) for Medicaid and Medicare patients cannot be executed if, and only if the physician in question or an immediate or close relative of the physician has a vested financial affiliation with the patient in question. (Leslie, 2011) This ensures that physicians cannot refer one patient from one medical institution to another if they stand to gain financially. Similarly, the Anti-Kickback law has made it illegal to refer a patient to another Medicaid or Medicare-covered services and receiving financial compensation à In conclusion, the main aim of the antitrust legislation is to identify instances where one market player has immense market power to the point where they control and manipulate the market to gain abnormal profits and limit access into the given market or industry.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.