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The problem is the PE company comes in and buys basically every vet clinic or nursing home in a city, undercutting the independents. Once the independents retire, shut down, or eventually sell, then the enshittification happens.

This has been a major problem in smaller communities where there is essentially no choice in services anymore.



"Undercutting the independents," or offering the independents a lot of money to stop being independent? Sounds like a windfall for those who sell to me.


Oh, I see. So the market is effectively local, like a neighborhood or small community, which means a single entity can more easily dominate it.




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