FTC Sues to Block Covetrus’s $3.5 Billion Acquisition of MWI
The Federal Trade Commission sued to block Covetrus and its owners from acquiring rival MWI, alleging the combination would raise costs and prices for veterinary clinics and pet owners.
FTC alleges that combining the two biggest distributors of veterinary products and services will drive up costs and lead to higher prices for veterinary clinics and pet ownersThe Federal Trade Commission sued today to block Covetrus Inc. and its owners, Clayton, Dubilier & Rice LLC and TPG Inc., fr…