Welsh Carson's stake in USAP is "the FTC's only hook for the 'ongoing violation' under Section 13(b)" of the the FTC Act, U.S. District Judge Kenneth M. Hoyt wrote. "It is not clear how owning a minority share in a company that reduces competition satisfies the statute."
May 14, 2024 at 06:07 PM
3 minute read
A federal judge in Texas on Monday dismissed an investor from the Federal Trade Commission’s lawsuit claiming the minority shareholder participated in a medical practice’s alleged anticompetitive acts.
In September, the FTC sued U.S. Anesthesia Partners and its private equity founder—Welsh, Carson, Anderson & Stowe—claiming they illegally consolidated and monopolized the anesthesiology market in Texas.
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