UK Watchdog to Curb Rising Vet Costs With Slate of Reforms

The UK’s antitrust watchdog imposed reforms on the UK’s £6.7 billion ($9 billion) veterinary market to improve pricing transparency and curb rising costs for pet owners.

The Competition and Markets Authority introduced price caps on written prescriptions and measures for pricing and ownership transparency to make it easier for animal owners to find cheaper services and medicines, according to a statementBloomberg Terminal on Tuesday.