US accuses investment firm, anesthesia company of Texas monopoly scheme

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

By Mike Scarcella (Reuters) - The Federal Trade Commission on Thursday sued U.S. Anesthesia Partners and a private equity firm in Texas federal court, ...

By Mike Scarcella - The Federal Trade Commission on Thursday sued U.S. Anesthesia Partners and a private equity firm in Texas federal court, accusing them in a novel legal complaint ofCountering the culture war with education and empathy | SaltWire #TransRights #HalifaxProtest - The Federal Trade Commission on Thursday sued U.S.

Biden-appointed FTC Chair Lina Khan had vowed to examine what she said was the"growing influence" of private equity on competition and consumer protection. The agency enforces antitrust law, and the lawsuit was seen as the first litigated case over a private equity firm's consolidation strategy. U.S. Anesthesia Partners raised each new purchased group's rates, forcing patients to pay more for the same doctor than before, according to the lawsuit.

U.S. Anesthesia Partners' largest presence is in Texas, according to the FTC, and it operates in seven other states, including Florida.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in US

United States United States Latest News, United States United States Headlines