The government’s merger reforms herald a significant shake-up for competition policy in Australia that will deliver direct benefit to everyone from consumers to big business.
When most Australians are struggling to pay their bills,government intervention to protect a company making record profits does not appear to be in the interests of the people.
The only way to get the change needed to protect the public from serious injuries is to close down the entire industry for a period of three to six months.
This under-regulated corner of medicine does not need to be killed off,but it does need serious oversight.