Combatting Hospital Monopolies Act

This bill amends the Federal Trade Commission Act to expand the FTC's authority over certain tax-exempt hospitals. It adds "any hospital organization or cooperative hospital service organization described in section 501(c)(3) of the Internal Revenue Code" to the definition of "corporation" under FTC jurisdiction. This change directly affects tax-exempt hospitals and hospital cooperatives that qualify under 501(c)(3), allowing the FTC to investigate and act against their anti-competitive practices. The key mechanism is simply updating the legal definition to include these specific healthcare entities under existing FTC oversight.