UK Competition Authority Launches Full Investigation into Veterinary Sector

The probe addresses concerns over high costs, lack of transparency, and market consolidation affecting pet owners.

• The Competition and Markets Authority (CMA) will examine if consumers receive adequate information to make informed decisions about pet care.
• The investigation follows complaints from 56,000 pet owners and veterinary professionals about high prices and limited treatment options.
• The CMA may impose measures such as capping prescription fees and mandating transparency in pricing and services.
• Large corporate groups now own 60% of UK vet practices, raising concerns over reduced consumer choice and increased costs.
• The investigation is expected to take 18 months, during which the CMA will gather and analyze extensive evidence.

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