PetIQ's Deal To Buy Veterinary Clinic Chain Faces Challenge

Law360 (April 5, 2018, 4:39 PM EDT) -- Two pet medicine distribution companies have urged a California federal court to stop a rival from purchasing a chain of veterinary clinics, arguing Wednesday the deal would choke off competition to supply veterinary medication.

Plaintiffs Bay Medical Solutions Inc. and Med Vets Inc. said PetIQ’s January acquisition of vet clinic chain VIP Petcare Holdings gives it a dominant position in parasite medication distribution, a more than $1 billion market. They urged the court to enjoin the transaction and stop it before PetIQ is able to use its new buying power to push distributors like Bay Medical and Med Vets out of...

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