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The Hustle Daily Show
The Veterinary industry coughs up $38B
Apr 30, 2024
Private equity firms are heavily investing in the veterinary industry, banking on pet owners spending large sums on healthcare. Amazon's impressive next-day shipping and Tesla's resurgence are also discussed. The podcast explores the financial impact of corporate acquisitions on veterinary care, the rapid growth in the industry, and regulatory concerns affecting the market dynamics.
14:43
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- The veterinary industry has attracted significant investments from private equity firms, driven by pet owners' willingness to spend on healthcare, leading to higher costs for pet services.
- The consolidation of vet practices by big corporations like Mars raises concerns over potential monopolization and price inflation, prompting regulators to address antitrust issues.
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