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Enforcement ActionLow RiskMultistate

New York and coalition sue to block Covetrus–MWI merger

Covetrus, Inc. and MWI Veterinary Supply, Inc.November 13, 2026New York Attorney General

Summary

New York, the FTC, and 12 other states sued to block Covetrus, Inc.’s proposed acquisition of MWI Veterinary Supply, Inc., alleging the merger would substantially reduce competition in veterinary supply distribution and raise costs. The companies agreed to a temporary restraining order barring completion of the merger before December 4, 2026, and the coalition is seeking further injunctive relief.

Remedy

The companies agreed to a temporary restraining order preventing completion of the merger before December 4, 2026. The coalition is seeking a preliminary injunction and a final ruling declaring the merger illegal and preventing it from being carried out.

Injunction

Contract Impact

Review vendor and customer agreements in veterinary supply distribution and other concentrated markets for exclusivity or single-source purchasing terms, volume commitments, rebates, incentive packages, and pricing provisions that could reduce customers’ ability to negotiate or switch suppliers. Check merger and change-of-control clauses for notice, consent, and competition-law review requirements, and ensure contracts preserve meaningful service commitments where supplier consolidation could reduce customer support. This action concerns antitrust rather than privacy, so it does not indicate a need to revise privacy or employee clauses specifically.

Contract Search Terms

exclusive distributionsingle-source purchasingvolume discountsrebates and incentive packagespricing discretionmost-favored-nation pricingchange-of-control clauseantitrust compliancecustomer service commitments

Laws Cited

FTC ActClayton Act

Violation Types

Entity Details

Entity

Covetrus, Inc. and MWI Veterinary Supply, Inc.

Industry

Healthcare

Multistate Coalition

Federal Trade CommissionArizona Attorney GeneralArkansas Attorney GeneralCalifornia Attorney GeneralColorado Attorney GeneralMaine Attorney GeneralMichigan Attorney GeneralMinnesota Attorney GeneralNebraska Attorney GeneralNorth Carolina Attorney GeneralOhio Attorney GeneralOregon Attorney GeneralTexas Attorney General

Official Sources

Source Evidence

Event Date
"November 13, 2026"
Entity Name
"Covetrus, Inc. (Covetrus) and its affiliates, from acquiring their competitor, MWI Veterinary Supply, Inc. (MWI)."
Laws Cited
"Attorney General James and the coalition allege that the merger would allow Covetrus to control more than 50 percent of the relevant markets for veterinary clinic distributors, in violation of both the FTC Act and the Clayton Act."
Violation Types
"Attorney General James and the coalition allege that the merger would substantially reduce competition among distributors to all veterinary clinics and specifically among distributors to large corporate practice groups."
Remedy Summary
"The two companies have already agreed to a temporary restraining order that prevents them from completing the merger before December 4, 2026."

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