Judge Dismisses FTC Case Against Welsh Carson But Enforcement Focus On Private Equity In Health Care Continues
On 13 May, a federal district court judge dismissed the Federal Trade Commission’s (FTC) antitrust case against private equity firm Welsh, Carson, Anderson & Stowe and affiliated entities (Welsh Carson). This matter has been closely watched as a barometer of courts’ willingness to accept the FTC’s theories of liability against private equity roll-ups. The FTC’s case alleged that Welsh Carson, along with its portfolio company, US Anesthesia Partners, Inc. (USAP), engaged in an anticompetitive roll-up strategy […]