UK Vet Prescription Fees Capped at £21 with Price Comparison Website Launch

AI Summary

The UK's Competition and Markets Authority (CMA) announced that written prescription fees from veterinarians will be capped at £21 for the first medicine and £12.50 for additional medicines. The reforms aim to improve price transparency, as less than 40% of vet practices currently publish their prices. The CMA's investigation revealed that prices had been increasing at nearly twice the rate of inflation, leading to concerns among pet owners. The new measures, which include a price comparison website and mandatory price lists, are set to take effect later this year.