Source: Daily Caller
The Federal Trade Commission (FTC) under the Trump administration is investigating the proposed merger between Covetrus and MWI Animal Health over concerns that it could significantly reduce competition in the Veterinary distribution market. The FTC has issued Civil Investigative Demands (CIDs) to gather information about the transaction, which would reduce the number of major national distributors from three to two and potentially give the combined company control of up to 75% of the market.
Antitrust attorney Joel Thayer argued that such market concentration raises serious monopoly concerns and could lead to higher prices for Veterinary products and services. The investigation comes as Veterinary costs have climbed roughly 60% since 2016, contributing to more pet owners delaying care, surrendering animals, or taking on debt. Consumer advocates contend that blocking the merger could help preserve competition and support efforts to make Veterinary care more affordable for millions of pet-owning families.