US FTC sues to block Cencora's $3.5 billion sale of veterinary unit to Covetrus

The US Federal Trade Commission has sued to block Cencora's $3.5 billion sale of its veterinary unit MWI to Covetrus, citing the deal would reduce competition and raise costs for veterinary clinics and pet owners. The lawsuit, supported by 13 state attorneys general, argues the merger of the two largest US veterinary suppliers would eliminate aggressive price competition.

This Wire brief sits within Fusion42's coverage of Health, and 8 sources have reported it.