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FTC chair addresses AVMA forum, signaling regulators are wary of veterinary industry consolidation

November 17, 2023

Lina Khan, Chair of the U.S. Federal Trade Commission (FTC), addressed veterinarians, urging them to report anti-competitive practices in the industry. Speaking at an American Veterinary Medical Association forum, Khan emphasized concerns about market consolidation and coercion of smaller businesses. She emphasized the FTC’s commitment to addressing monopolistic tactics, focusing on rollup schemes and the impact of private equity in veterinary medicine. Khan’s remarks reflect the FTC’s ongoing scrutiny of consolidation trends, noncompete clauses, and potential adverse effects on competition and quality of service.

For more information, read the article on the AVMA website.