September 21, 2023
ALEX KACIK
The Federal Trade Commission sued U.S. Anesthesia Partners, one of the nation’s largest anesthesia providers, and its private equity owner Welsh, Carson, Anderson & Stowe for allegedly consolidating its practices in Texas to drive up prices for patients.
The FTC filed a complaint Thursday in the U.S. District Court for the Southern District of Texas alleging that the company created a monopoly by buying up nearly every large anesthesia practice in Texas, made price-setting agreements with remaining independent practices and struck a deal with an unnamed competitor to keep it out of the market.
The agency seeks, in part, a permanent injunction preventing any alleged anticompetitive conduct.
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