Mediclinic fights to expand in North West
SA’s biggest private hospital group by value presented its final argument to the Competition Tribunal
SA’s biggest private hospital group by value, Mediclinic International, presented its final argument to the Competition Tribunal on Tuesday as it fights to expand its footprint in North West. The Competition Commission blocked Mediclinic’s planned acquisition of Matlosana Medical Health Services (MMHS) near Klerksdorp in July 2017. At the time, the commission said it had recommended to the tribunal that the deal be prohibited because it is likely to substantially reduce competition in Klerksdorp and the surrounding areas, and would allow Mediclinic to unilaterally increase prices as soon as the transaction took effect. The dampening effect on competition was compounded by the fact that two regional rivals had no plans to expand, it said. Mediclinic owns private hospitals in Southern Africa, Switzerland and the Middle East, and has a minority stake in the UK private hospital group Spire Healthcare. It has a market capitalisation of R41.4bn and is trailed by rivals Life Healthcare (R3...
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