Big hospital chains face CCI scrutiny over inflated prices of medicines and medical devices - Moneycontrol

Competition Commission of India (CCI) has demanded answers from Max Healthcare, Fortis Healthcare and Apollo Hospitals on how they fix prices of medicines and medical devices. Action could rein in soaring drug prices in India.

Indias fair trade regulator has asked three of the countrys biggest hospital chains to explain how they set rates of medicines and medical devices or potentially face penalties. The Competition Comm… [+4730 chars]

full article...