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Michael White: 'Price competition has never been the policy... Yeah, right.'

To be frank with you, I’d never heard of David Bennett before he was unexpectedly promoted to become the new chair of Monitor, as it evolves into the economic regulator to the entire NHS. Truly this is a real-life version of Eric Carle’s children’s story The Very Hungry Caterpillar. Guess who’s the new part-time butterfly?

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