Competition in Health Care: Domestic vs. International Competition

Health care is a vital service that touches the lives of millions of individuals globally each and every day. The health care sector is positioned in a highly competitive environment, with local or domestic as well as international players literally functioning as rivals for the "market" (Federal Trade Commission/Department of Justice, 2004). At issue in this brief analysis is a comparison of local and international competition in the field. It will be demonstrated that locally, competition in the sector may be based on access and quality issues, while internationally it is likely to be derived from a combination of quality and cost issues.

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Category: Medical - C