FTC Sues to Block $3.5B Veterinary Merger
The Federal Trade Commission and a bipartisan group of state attorneys general sued to block Cencora’s $3.5 billion deal to combine veterinary-products suppliers Covetrus and MWI Animal Health. The FTC argues the companies are major competitors whose merger would eliminate head-to-head competition and could raise prices for veterinary clinics and pet owners. The companies had competed through discounts and rebates, and the lawsuit was filed in federal court in New York.






