A PYMNTS Company

UK: Divisive CMA ruling on hospital sales irks HCA, delights BMI

 |  April 3, 2014

Healthcare group HCA International is reportedly gearing up for a yearlong appeals process that will cost more than $3 million to fight the Competition and Markets Authority’s ruling that will require the company to divest hospitals.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The CMA released its first report this week just one day after commencing operations as the UK’s new competition regulator. The CMA ordered HCA to divest at least one of its six hospitals in London, reports say, but decided against ordering market leader BMI to divest assets.

    HCA said it is “furious” with the CMA’s decision to only order such divestitures on the US-based conglomerate and no one else. BMI was originally slated to require the sale of seven hospitals.

    Full Content: The Independent

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.