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Last Updated
Case Status
In the Matter of JAB Consumer Partners SCA SICAR, a corporation; National Veterinary Associates, Inc., a corporation; and VIPW LLC, a corporation; Ethos Veterinary Health LLC, a corporation
FTC Matter/File Number
211 0174
Docket Number
Enforcement Type
Part 2 Consents

Case Summary

The FTC imposed strict limits on JAB Consumer Partners’ future acquisitions of specialty and emergency veterinary clinics as a condition of JAB’s proposed $1.65 billion acquisition of VIPW, LLC, the parent of Ethos, an owner and operator of specialty and emergency veterinary clinics. The Commission alleged that the acquisition was likely to be anticompetitive in four geographic markets, ordering divestitures for various types of veterinary care in and around Richmond, Virginia, in and around the Washington DC Metro Area, particularly for customers to the southeast in Virginia and Maryland, in and around Denver, Colorado, and in and around downtown San Francisco, California. The Commission finalized the order in October 2022.