FTC Takes on Healthcare Giants: Battle Against Consolidation Heats Up!

FTC Chair Lina Khan isn't playing around with consolidation in the health care industry to dominate local markets and jack up prices. Ana Kasparian and Ramesh Srinivasan discuss on The Young Turks.

"After vowing to tackle consolidation in the health care industry, the Federal Trade Commission filed an antitrust lawsuit on Thursday that challenged the growing practice of private-equity firms backing companies that amass medical practices and dominate local markets.

The suit targeted a large doctors’ group that operates anesthesia practices in several states, claiming the group and the private equity firm advising and financing it were consolidating doctors’ groups in Texas so they could raise prices and increase their profits."