The Vet Industry's Dirty Secret: Time to Break Up the Monopolies The UK government's proposal to cap vet prescriptions at £21 acknowledges a systemic problem that has allowed large corporations to dominate the market and dictate prices.
For decades, the veterinary sector has been characterized by a lack of competition and transparency. Small family run practices once thrived in rural areas but are now largely extinct.
Large companies such as CV, Pets at Home, Medivet, IVC, VetPartners, Linnaeus, and their parent companies have bought up practices, creating a duopoly that stifles innovation and drives up costs.