Big competition policy news! The CMA is launching a formal investigation after an initial review of the UK vets market raised multiple concerns.

There are sixteen million pet owners in the UK and the CMA believes that the increasing concentration of the industry in the hands of six leading veterinary groups is leading to diminished choice and higher prices.

#vets #vetbills #petcare #tutor2ueconomics #60secondeconomics #competition #monopoly #oligopoly #pets

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