Market ‘not fit’ for purpose and must be modernised, CMA says, with pet owners paying 16.6% more at large groups
Vets in the UK could be forced to publish their prices and whether they are part of a larger group after an investigation by the markets watchdog into claims that chain-owned surgeries have left pet owners with dwindling choice and higher bills.
The Competition and Markets Authority (CMA) found pet owners pay 16.6% more on average at large vet groups than at independent vets. It said the £6.3bn market was “not fit” for purpose and needed to be modernised.
