Becker's Healthcare April 25, 2024
Naomi Diaz

Lina Khan, head of the Federal Trade Commission, cautioned about the risk of healthcare price fixing driven by advancements in technology, PYMNTS reported April 24.

In a media event hosted by KFF, Ms. Khan expressed concerns about algorithms, specifically about how this technology enables companies to fix prices without direct coordination, posing a new hurdle for regulators to address.

Ms. Khan emphasized that price fixing, which removes competition and raises prices for consumers, is against the law,...

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Topics: Conferences / Podcast, Govt Agencies, Healthcare System, Pricing / Spending, Trends
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