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Long Island CPA - 516-626-2277
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Lincoln Memorial University sues AVMA
Lincoln Memorial University has filed a lawsuit against the American Veterinary Medical Association for allegedly hindering competition for when it comes to educating future veterinarians, which the university claims hurts clients who are seeking care for their patients. “This is a case about competitors conspiring to restrain trade, eliminate competition, reduce output, and raise prices in 2 inextricably intertwined markets; thereby, inflicting injury to consumers of both markets: (a) the U.S. domestic market for veterinary education; and (b) the U.S. domestic market for providing professional veterinary care and services. To carry out their illegal scheme, the conspirators have acted in concert in seeking to exclude Plaintiff Lincoln Memorial University . . . from the veterinary education market, in violation of the U.S. antitrust laws,” the lawsuit states.
Read more here. |
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