- Docket No.
- District Court
- Texas Southern
- Award damages to plaintiffs
- Certify class
- Declaration that conduct violates antitrust law
- Disgorment and restitution for anticompetitive behavior
- Enjoin alleged anticompetitive practices
Why this Matters
Plaintiffs, employee benefit plans, filed a class action complaint alleging that a provider of anesthesia services and a private equity firm violated federal antitrust law by engaging in various practices to consolidate and monopolize the anesthesiology market in Texas. The monopolization of specialty health care services enables providers to maintain greater leverage within the commercial market and further drive up health care costs.
The increasing consolidation of certain health care services by private equity-backed groups and the resulting impact on competition within health care markets could lead to higher costs and lower-quality care for patients.