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 owners
The Federal Trade Commission sued today to block Covetrus Inc. and its owners, Clayton, Dubilier & Rice LLC and TPG Inc., from acquiring its closest competitor, MWI Veterinary Supply Inc., for $3.5 billion from MWI’s parent, Cencora Inc.