The Competition Commission has announced the inquiry into private healthcare pricing will begin in November, two months behind schedule, according to a BDlive report, which adds the inquiry was expected to begin this month and be completed in 18 and 24 months.
''We've done most of the preparatory work, but we probably won't meet the timeline,' deputy commissioner Trudi Makhaya is quoted as saying. The delays were caused by the amount of consultation the competition authority had to undertake following the publication of the draft terms of reference in May, says the report. It adds the commission wanted to ensure the inquiry properly complied with the Competition Amendment Act and addressed some of the concerns industry players had raised. There have been concerns that the commission is under-estimating the amount of work the inquiry will have to undertake and the industry has suggested a proper study should take as much as five years. ' '