I don't understand how some ( to me ) obvious anticompetitive corps seem to go unnoticed, but in this case veterinary clinics are receiving scrutiny.
I am right there with you. Alden Global Capital comes to mind.
FTC acts against private equity firm’s acquisition of veterinary clinics
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Re: FTC acts against private equity firm’s acquisition of veterinary clinics
#12Earlier quoted context omitted.
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ah yes, a more profit driven healthcare sector, exactly what this country needs
OP isn't exactly wrong. Much of the regulation in housing and healthcare serves to benefit and entrench the incumbents into a non-market situation where the distributors control pricing power.
Re: FTC acts against private equity firm’s acquisition of veterinary clinics
#13Interesting. I'd like to see more action against the financialization of many other industries / domains, like healthcare and even housing, that I feel are not well served by a purely-market driven perspective. One wonders what the Private Equity firm's intention was here.
agree, it seems like almost every industry really has like maybe 3 at the most players and they are all gigantic and it is extremely non-competitive.
Re: FTC acts against private equity firm’s acquisition of veterinary clinics
#14Interesting. Doesn't Mars own a ton of specialty vet clinics too? (E.g. the VCA chain)
Re: FTC acts against private equity firm’s acquisition of veterinary clinics
#15Interesting. I'd like to see more action against the financialization of many other industries / domains, like healthcare and even housing, that I feel are not well served by a purely-market driven perspective. One wonders what the Private Equity firm's intention was here.
> One wonders what the Private Equity firm's intention was here.
Gee, quite the conundrum.
Re: FTC acts against private equity firm’s acquisition of veterinary clinics
#16Interesting. I'd like to see more action against the financialization of many other industries / domains, like healthcare and even housing, that I feel are not well served by a purely-market driven perspective. One wonders what the Private Equity firm's intention was here.
> One wonders what the Private Equity firm's intention was here.
no, i don't think anyone's wondering that. private equity firms have one purpose and one purpose only.
Re: FTC acts against private equity firm’s acquisition of veterinary clinics
#17Interesting. I'd like to see more action against the financialization of many other industries / domains, like healthcare and even housing, that I feel are not well served by a purely-market driven perspective. One wonders what the Private Equity firm's intention was here.
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Based on what?
Re: FTC acts against private equity firm’s acquisition of veterinary clinics
#18I don't understand how some ( to me ) obvious anticompetitive corps seem to go unnoticed, but in this case veterinary clinics are receiving scrutiny.
Regulatory DDoS.
Hint: if you see it, write your Congresspeople, and tell them you'd like the matter referred to DoJ/the proper regulator. Then, if you really want to make sure, submit something to the same regulator.
If the red flag never gets waved, nobody even bothers/knows to look, and with the way the justice system works, there is no crime until a DA has sufficient info to start building a case there is one.
Do this for both State, and Federal at a minimum. Local if such authorites exist and are not preempted.
Re: FTC acts against private equity firm’s acquisition of veterinary clinics
#19Interesting. Doesn't Mars own a ton of specialty vet clinics too? (E.g. the VCA chain)
And, of course, Banfield.
Re: FTC acts against private equity firm’s acquisition of veterinary clinics
#20Interesting. I'd like to see more action against the financialization of many other industries / domains, like healthcare and even housing, that I feel are not well served by a purely-market driven perspective. One wonders what the Private Equity firm's intention was here.
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