In The Wall Street Journal and Axios, Attorneys Discuss California Governor Newsom Vetoing Bill Scrutinizing Private Equity Health Care Transactions

In The Wall Street Journal, health care partner Jennifer Romig commented on efforts to regulate healthcare deals in light of California Governor Gavin Newsom’s veto on a bill that would have increased scrutiny of private equity health care transactions.

Health care partner Torrey McClary offered insight on implications of Governor Newsom’s veto in an Axios article.

Jennifer said that these efforts have had less success in states that, like California, already have the authority to review healthcare mergers, and where the question is using additional resources to target private-equity deals specifically.

Torrey noted that although California is generally seen as a blueprint for state-level regulation across the U.S., Governor Newsom's veto does not necessarily stifle existing regulatory concerns.