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Odd Lots

Lina Khan Is Sending a Message to the Private Equity Industry

Nov 16, 2023
39:44
Snipd AI
Lina Khan, Chair of the Federal Trade Commission, discusses her novel approach to antitrust, challenging big tech companies and private equity firms. The episode explores the FTC lawsuit against a private equity-backed healthcare company, the pushback faced by the FTC, analyzing mergers and non-compete clauses, the need for reinvigorating antitrust enforcement, and concerns about Khan's approach in the medical industry.
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Podcast summary created with Snipd AI

Quick takeaways

  • The FTC is actively scrutinizing consolidation and lack of competition in healthcare markets, recently filing a monopolization claim against a private equity-backed company that acquired anesthesiology businesses in Texas.
  • The FTC's research process involves gathering information from a range of sources, engaging the broader public, and ensuring a diverse understanding of market realities to inform its enforcement efforts.

Deep dives

FTC's focus on antitrust in healthcare markets

The Federal Trade Commission's (FTC) chair, Lena Khan, discusses the agency's scrutiny of consolidation and a lack of competition in healthcare markets. The FTC recently filed a monopolization claim against a private equity-backed company that acquired anesthesiology businesses in Texas, eliminating competition and raising prices. Khan highlights the importance of enforcing antitrust laws in healthcare markets due to their significance in everyday life and the problems resulting from consolidation. The FTC has been hearing from market participants across sectors, including healthcare workers, about additional areas where they believe the agency should be scrutinizing. The FTC's focus is not limited to healthcare markets, as it also assesses businesses across the US economy.

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