Vet prescription fees to be capped |
| Written prescription fees from vets will be capped at £21 and practices will have to publish price lists for services, the competition watchdog has said. The Competition and Markets Authority (CMA) also said a price comparison website would be introduced to help boost competition and drive down prices faced by consumers. The measures come after an in-depth investigation by the CMA, which found prices had been rising at nearly twice the rate of inflation. The reforms will start to come into force later this year. Vets will also have to reveal if they are part of a large group amid concerns that ownership of practices was unclear. Martin Coleman, chair of the independent Inquiry Group, said: "Too often, people are left in the dark about who owns their practice, treatment options and prices – even when facing bills running into thousands of pounds . . . Our measures mean it will be made clear to pet owners which practices are part of large groups, which are charging higher prices, and for the first time, vet businesses will be held to account by an independent regulator." |
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