Tag: elderly homes

CMA provides updated reports on investigations into the care home sector

First published by Admin on February 09, 2018 in the following categories: Investigations and tagged with cma | elderly homes

The Competition and Markets Authority (CMA) has published a couple of reports concerning their investigations into the care home market in the U.K. The first is a final report on the general market, and looks at how elderly and vulnerable residents are being treated. The second consists of an order to stop care homes from overcharging families in upfront costs, fees and continuing to charge families when the resident passes away.

The care home sector has seen a fair amount of scrutiny in the past few years, and for good reason. These institutions take in the elderly and vulnerable to provide them with a home and a sense of community with peers. These people are the most susceptible to harm as their physical and mental states deteriorate; relying on carers to look after them.
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The 2013 access and alarm systems competition breach in retirement homes

First published by Admin on January 05, 2018 in the following categories: Investigations and tagged with cover pricing | elderly homes

Retirement homes and care homes have been at the centre of competition breaches several times. The 2013 access and alarm systems case was a notable one…

In 2013, the Office of Fair Trading (OFT) fined four U.K. suppliers of access and alarms systems who had taken part in anti-competitive behaviour when supplying services to retirement homes.

The four companies were fined over £50,000.00 after an investigation that started in 2011.

The Office of Fair Trading investigated the behaviour of the four companies during a four-year period between 2005 and 2009. They found that all four companies had engaged in anti-competitive behaviour across this period.
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