FTC Sues to Block Covetrus Acquisition of MWI Veterinary Supply $3.5 Billion Veterinary Supply Merger, Could Pet Care Prices Rise?
The Federal Trade Commission (FTC) has filed a federal lawsuit to block Covetrus’s proposed $3.5 billion acquisition of MWI Veterinary Supply from its parent company, Cencora Inc. The agency argues that combining two of the largest veterinary product distributors in the country could raise costs for animal hospitals and independent veterinarians and, ultimately, for pet…
