3 ms·
>Americans have allowed corporations to form massive entities (in health insurance, UHC + optum bank + optima rx comes to mind) This is more an anti-trust prob
by snitty 2y ago
>Americans have allowed corporations to form massive entities (in health insurance, UHC + optum bank + optima rx comes to mind)
This is more an anti-trust problem than deregulation. In the 80s Robert Bork and some others led a charge within the court system to rewrite federal anti-trust law without actually rewriting the laws. The result was that merger/acquisition guidelines were loosened, and the focus was on whether the result would cause the consumer to pay more money. And thanks to the way health care is paid for, it's a little complicated to make that case.
- dragonwriter 2y ago> This is more an anti-trust problem than deregulation Loosened antitrust rules are a subset of deregulation, it can’t be any less deregulation than it is a matter of (too loose) antitrust.