Jun 23, 2017 Last Updated 8:22 AM, Jun 23, 2017

New Entry From the Editor :

WA government bans future uranium mine leases, excludes four existing projects

WA government bans future uran…

AusBN - The Western Australian government has imposed a ban on future urani...

CIMIC group awarded $2.8b Sydney Harbour tunnel contract

CIMIC group awarded $2.8b Sydn…

AusBN- International construction giant CIMIC Group will soon begin work on...

Rio Tinto recommences exploration in Mongolia looking for next Oyu Tolgoi

Rio Tinto recommences explorat…

AusBN - Rio Tinto (ASX,LSE:RIO) has begun a new exploration programme in Mo...

ACCC raises concerns over Wollongong Day Surgery acquisition

AusBN – Concerns have been raised by a competition regulator over Ramsay Health Care’s acquisition of Wollongong Day Surgery.

The Australian Competition and Consumer Commission (ACCC) believes that the merger could cause an increase in prices for patients and a reduction in the quality of the healthcare services available.

ACCC chairman Rod Sims said: "The ACCC is concerned that the proposed acquisition is likely to substantially lessen competition in the supply of day surgery services to private health funds and the Department of Veteran Affairs.

"The ACCC is also concerned that the proposed acquisition is likely to substantially lessen competition in the supply of day surgery services to patients in Wollongong, which may increase prices for uninsured patients or reduce the quality of facilities and/or services available to doctors and patients."

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