4 ms·
The problem is the PE company comes in and buys basically every vet clinic or nursing home in a city, undercutting the independents. Once the independents retir
by l72 3y ago
The problem is the PE company comes in and buys basically every vet clinic or nursing home in a city, undercutting the independents. Once the independents retire, shut down, or eventually sell, then the enshittification happens.
This has been a major problem in smaller communities where there is essentially no choice in services anymore.
- epups 3y agoOh, I see. So the market is effectively local, like a neighborhood or small community, which means a single entity can more easily dominate it.
- Nifty3929 3y ago"Undercutting the independents," or offering the independents a lot of money to stop being independent? Sounds like a windfall for those who sell to me.