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In the Matter of JAB Consumer Partners SCA SICAR, a risk capital investment company; National Veterinary Associates, Inc., a corporation; and SAGE Veterinary Partners, LLC, a limited liability company.
FTC Matter/File Number
2110140
Docket Number
C-4766
Enforcement Type
Part 2 Consents
Case Summary
The Federal Trade Commission imposed strict limits on JAB Consumer Partners’ future acquisitions of specialty and emergency veterinary clinics as a condition of JAB’s proposed $1.1 billion acquisition of specialty and emergency veterinary services provider SAGE Veterinary Partners, LLC. The Commission also alleged that the acquisition was likely to be anticompetitive in three geographic markets, ordering divestitures for various types of veterinary care in and around Austin, Texas, in and around San Francisco, California, and in and between Oakland, Berkeley, and Concord, California, and it ordered divestitures in these market. On Aug. 5, 2022, the Commission announced the final consent agreement in this matter.