Simpson Thacher Attorneys Author Law360 Article on FTC Suit Indicating Agency’s Private Equity Focus
10.10.23
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Antitrust Partners Peter Guryan, Preston Miller and Karen Kazmerzak, and Associate Max Fischer-Zernin authored an article titled, “FTC's Health Co. Suit Indicates Agency's Private Equity Focus,” which was published in Law360. The article highlights the FTC’s recent filing of a federal lawsuit against U.S. Anesthesia Partners (USAP) and its private equity investor, which alleges that USAP and the investor operated a decade-long scheme to monopolize hospital anesthesia services in the Houston, Dallas and Austin metro areas through anticompetitive acquisitions and other conduct. The article further details the alleged conduct and explores the extension of liability to USAP’s private equity investor, as well as the FTC and DOJ’s enforcement agenda against private equity roll-ups and key takeaways from the complaint.
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