Competition and Markets Authority
This coverage examines the work of the Competition and Markets Authority (CMA) and its impact on the UK petcare industry. Pet Gazette reports on CMA investigations, market reviews, enforcement actions, and policy updates that affect pet retailers, suppliers, manufacturers, and service providers. Coverage includes news, expert commentary, and business analysis to help pet trade professionals understand regulatory developments, competition law compliance, and the commercial implications of CMA decisions within the petcare market.
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Oct- 2024 -4 OctoberVeterinary
CVS PBT dips 37.1% to £38.2m
UK veterinary services provider CVS has reported a 37.1% decline in its profit before tax to £38.2m (2023: £60.7m) despite a 9.9% increase in revenues to £647.3m for the year ended 30 June 2024. The group attributed this drop to an increase in business combination costs, finance expense and depreciation…
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Jul- 2024 -10 JulyVeterinary
CMA launches next step in vet services probe
The Competition and Markets Authority (CMA) has published an issues statement, which sets out the inquiry group’s initial theories on what might be affecting competition in the vets sector and the potential solutions or ‘remedies’ that could be considered. The news follows the launch of its market investigation into the…
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May- 2024 -23 MayVeterinary
CMA presses ahead with full investigation into vets market
The CMA has today (23 May 2024) confirmed its decision to launch a market investigation into the £5bn veterinary sector and published tips to help pet owners struggling with vet costs now. The news follows an initial review last September which prompted 56,000 responses to a call from pet owners…
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9 MayVeterinary
Customers at risk of being overcharged for microchips, warns Jollyes
Jollyes has warned that cat owners could end up paying four times over the odds to have their cat microchipped. The service was found to be as expensive as £54.30 at one of the big six vet chains in a survey conducted at two locations where Jollyes is opening new…
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Apr- 2024 -18 AprilRetailers
New Northampton Jollyes store to open with Community Pet Clinic
Jollyes has announced that it is set to open a brand new store at Unit 4, St James Retail Park in Northampton on Friday 26 April. The company will take up residence in the old Furniture Warehouse unit next to The Range on Towcester Road and will offer a Community…
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Mar- 2024 -12 MarchVeterinary
CMA identifies multiple concerns in vet market
The Competition and Markets Authority (CMA) has provisionally decided it should launch a formal market investigation into the veterinary market after discovering multiple concerns. The CMA believes consumers may not be given enough information to enable them to choose the best veterinary practice or the right treatment for their needs.…
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Apr- 2022 -28 AprilGovernment & Legislation
VetPartners’ purchase of Goddard raises competition concerns
VetPartners’ completed purchase of Goddard Holdco Limited in March 2022 has been opened for an “in-depth” investigation after the Competition and Markets Authority (CMA) found that the deal raises “competition concerns.” The CMA said it has received “a number” of complaints in recent years about higher prices or lower quality…
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Apr- 2020 -30 AprilBusiness Bites
Coronavirus treatment hopes push stock markets up, and ‘Spoons to reopen in June
Investors are chirpy this morning amid hopes of a new coronavirus treatment that has been described as promising by the USA’s top infectious disease official, Dr Anthony Fauci. The experimental drug, called remdesivir, is produced by an American biopharmaceutical firm called Gilead Sciences, and is reckoned by US regulators to…
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23 AprilBusiness Bites
Scarves for face-masks will be part of the government’s post-pandemic advice
The government will advise the use of homemade facemasks once the pandemic measures are sufficiently relaxed for people to go back to work. As it tries to make sure that surgical-grade personal protective equipment (PPE) does not face supply issues for NHS workers, the government said scarves or ‘homemade cloth…
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Feb- 2020 -27 FebruaryBusiness Bites
Heathrow’s third runway will not be taking off after all
Heathrow’s third runway has been ruled illegal by the court of appeal, because the government did not properly consider its own climate change pledges in line with the Paris Agreement when drawing up its plans. The court is actually on the same street as our offices here at Mulberry Media and a…
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