FTC sues private-equity backed anesthesia staffing firm, saying it tried to monopolize the market

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The suit against U.S. Anesthesia Partners follows comments by the FTC chair that the agency would probe anticompetitive practices at companies acquired by private-equity firms.

The FTC oversees mergers and acquisitions to ensure that they do not result in monopolies, but it typically focuses on buyouts that meet a large-dollar threshold — more than $100 million — though it can review smaller deals, as well. Companies purchased by private-equity firms generally fall under the threshold and so have escaped scrutiny.

In recent years, sophisticated private-equity investors have poured hundreds of billions of dollars into the health care industry, buying up nursing homes and hospice operations, hospital staffing companies and an array of doctors’ practices.

 

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