Comment by pseudalopex

> I just don't buy the argument that PE takes over businesses and makes them strictly worse. You don't make money doing that.

The effects in health care were studied.[1]

Less competition supports higher prices. People can be convinced to purchase unnecessary services. People are slow to leave trusted doctors. Non compete agreements limit new competition. The time to train new veterinarians limits new competition. Short term profits fund future acquisitions.

[1] https://pmc.ncbi.nlm.nih.gov/articles/PMC10354830/