FTC sues private equity firm Welsh Carson, U.S. Anesthesia Partners for allegedly creating a monopoly
The Federal Trade Commission alleged Welsh Carson and U.S. Anesthesia Partners formed a monopoly in order to drive up prices and boost their profits.
The Federal Trade Commission has sued U.S. Anesthesia Partners and its private equity owner, Welsh, Carson, Anderson & Stowe, alleging in federal court the two partners formed a monopoly in order to drive up prices and boost their profits.
Normally, the FTC sues the company that it believes has violated antitrust law. But this lawsuit is novel by also going after a private equity sponsor that it believes hatched the entire alleged scheme — and could serve as a warning to other private equity deals, which have flooded the health care industry.
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