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☆ Months into launching a pickleball eCommerce company with $10,000, I'm already over budget. Here are all of my startup costs, including a surprise $2,095 expense.
▼ + stars: | 2024-11-05 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

My friend and I budgeted $10,000 to launch a pickleball paddle company. Our product, pickleball paddles, would be more expensive to produce. Keeping our business money separate from our personal funds seemed like a smart bookkeeping move — and it made us feel more legit. We're working with a product sourcing company, 330 Trading, which helps eCommerce businesses connect with factories to manufacture their product. Between prototypes and a shipment of 20 of our final product paddles (seven of which went to USAP for testing), we've spent about $1,475.

Persons: —, I'd, we'd, hemming, hawing, USAP, we've, Kathleen Elkins Organizations: Service, Mercury, Shipping Locations: eCommerce, LA

☆ FTC sues Texas anesthesiology provider to bust monopoly
▼ + stars: | 2023-09-21 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Federal Trade Commission (FTC) Chair Lina Khan testifies before a House Judiciary Committee hearing on "Oversight of the Federal Trade Commission," on Capitol Hill in Washington, July 13, 2023. The Federal Trade Commission on Thursday sued the largest anesthesiology provider in Texas, claiming the company has wielded monopoly power to drive up prices for patients and boost its profits. The FTC asked a federal judge in Houston, Texas, to break up U.S. Anesthesia Partners alleged monopoly power and permanently bar the company from engaging in anticompetitive practices. The agency claims that New York-based private equity firm Welsh, Carson and Stowe founded U.S. Anesthesia Partners in 2012 to pursue an aggressive consolidation strategy that exploited Texas' fragmented market for anesthesiology providers. The FTC complaint says that Welsh Carson sought to make USAP the dominant provider in Texas by hoovering up the numerous independent practices that previously competed against each other, keeping prices lower.

Persons: Lina Khan, Stowe, Welsh Carson, hoovering Organizations: Federal Trade Commission, FTC, Anesthesia Partners Locations: Washington, Texas, Houston , Texas, New York, Carson

The suit targeted a large doctors’ group that operates anesthesia practices in several states, claiming the group and the private equity firm advising and financing it were consolidating doctors’ groups in Texas so they could raise prices and increase their profits. The agency brought the civil lawsuit in federal court against U.S. Anesthesia Partners and Welsh, Carson, Anderson & Stowe, a private-equity firm in New York. “These tactics enabled USAP and Welsh Carson to raise prices for anesthesia services — raking in tens of millions of extra dollars for these executives at the expense of Texas patients and businesses,” said Lina M. Kahn, the chair of the F.T.C., in a statement. “The F.T.C. will continue to scrutinize and challenge serial acquisitions, roll-ups and other stealth consolidation schemes that unlawfully undermine fair competition and harm the American public.”

Persons: Anderson, Anderson & Stowe, Welsh Carson, ”, Lina M, Kahn Organizations: Federal Trade Commission, U.S, Anesthesia Partners, Anderson & Locations: Texas, Carson, New York

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