Becker's Healthcare April 25, 2024
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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