By Gina Kim (July 26, 2022, 8:00 p.m. EDT) — Pet owners across the country hit IDEXX Laboratories with a proposed class action lawsuit Monday in California federal court, charging the service company animal health diagnostic company to abuse its monopoly power and strangle competition, which would have led to artificially inflated prices for test kits.
In a lengthy 92-page complaint alleging violations of antitrust laws and numerous state consumer protection laws, pet owners say IDEXX has manipulated the market since 2018 to entrench its dominant power in the industry. space of animal diagnostic test kits by moving from distribution agreements to direct sales. , long-term exclusive agreements with veterinary practices.
The change came after the Federal Trade…
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