LARGE VET GROUPS COST YOU MORE!

This is a finding from The Competition and Markets Authority's (CMA) provisional decision in its market investigation into the UK’s £6.3 billion veterinary services market that is published today.

The CMA found that pet owners pay 16.6% more on average at large vet groups than at independent vets. For at least three of those large groups, average prices increased faster at practices they bought than at practices that remained independent. For a substantial part of the market as a whole, profits are much higher than they should be if competition was working well.

In addition, the CMA has found that the current regulatory system is not fit for purpose. It only regulates individual veterinary professionals and not vet businesses, despite the majority of practices being part of a large corporate group.

Use an independent veterinary practice! Find your local independent veterinary practice from over 2000 that we have listed at https://www.independentveterinarypractices.co.uk

Source: https://www.gov.uk/government/news/major-reforms-would-require-vet-businesses-to-make-fundamental-changes-to-the-way-they-support-pet-owners

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