The revolution in health care in the 1980s has generated the belief in some quarters that the nation's long-simmering competition-versus-regulation debate has been resolved in favor of competition. Those predicting rapidly growing alternative delivery systems and diminishing professional sovereignty seem to assume that competition will inevitably generate sufficient momentum to overcome any residual regulatory or professional obstacles.
Thomas L. Greaney,
Competitive Reform in Health Care: The Vulnerable Revolution,
Yale J. on Reg.
Available at: http://digitalcommons.law.yale.edu/yjreg/vol5/iss1/5