BUILDING BLOCKS > Provider payment > Market competition
Market Consolidation
How can policies protect the process of competition for the benefit of consumers, making sure there are strong incentives for businesses to operate efficiently, keep prices down, and keep quality up?
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Antitrust
Policy Definition: Antitrust laws at both the Federal and State level protect consumers against business practices that would decrease competition. These laws are relevant across the entire health care system and essential to lowering/controlling costs, improving quality, and promoting innovation.
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Market Concentration
Policy Definition: Market concentration refers to the number of players in a market along with the amount of market share each player respectively retains.
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Certificate of Public Advantage
Policy Definition: A certificate of public advantage (COPA) is a tool used by states to permit and oversee hospital mergers that create monopoly powers. source
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