The Biden administration is seeking public comments on small acquisitions by private equity companies in the healthcare industry. The Federal Trade Commission, Justice Department and Department of Health and Human Services said in a request for public comments published March 5 that they are seeking information on deals that weren’t reported to the federal antitrust agencies. Under the law, mergers valued at more than $119.5 million must notify the federal antitrust authorities and wait at least 30 days before closing. However, transactions under that threshold don’t need to be reported.
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Source: https://www.pionline.com/private-equity/us-launches-inquiry-private-equity-healthcare-deals