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If the market is healthy, there will already be two or three providers in town instead of one that has any sort of monopoly, and the LBO won't be lucrative to b
by rootusrootus 7mo ago
If the market is healthy, there will already be two or three providers in town instead of one that has any sort of monopoly, and the LBO won't be lucrative to begin with.
- sarchertech 7mo agoUnless the PE firm comes in and buys up all of the vet practices in town (or enough of them), which is a tactic they like to employ.
- whatevaa 7mo agoThey buy all of them.
- rootusrootus 7mo agoIn a perfect world we'd have antitrust enforcement all the way from the top of government down to the municipality, so that this kind of behavior could be curbed. But I bet few cities bother to try at all.