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Brief: UK's CMA Says 21 Measures Proposed After Vets Market Investigation

Oct 15 (Reuters) - UK'S COMPETITION AND MARKETS AUTHORITY (CMA):

COMPETITION AND MKTS  - CMA - VETS MARKET INVESTIGATION UPDATE

MAJOR REFORMS WOULD REQUIRE VET BUSINESSES TO MAKE FUNDAMENTAL CHANGES TO WAY THEY SUPPORT PET OWNERS

TWENTY-ONE MEASURES PROPOSED AFTER VETS MARKET INVESTIGATION

FOUND THAT PET OWNERS PAY 16.6% MORE ON AVERAGE AT LARGE VET GROUPS THAN AT INDEPENDENT VETS

CURRENT VETS MARKET REGULATORY SYSTEM NOT FIT FOR PURPOSE AND MUST BE MODERNISED

Source text: ID:nRSO4622Da

Further company coverage: CVSG.L PETSP.L

 ((Reuters.Briefs@thomsonreuters.com;))

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