Key Takeaway
Critics say changes by CMA will allow multinationals to obscure their ownership of vet practicesPet owners have been warned that they could be unknowingly ripped off by private equity firms who have bought local vet clinics, after the Competition and Markets Authority (CMA) removed requirements for multinational companies to disclose which practices they own. The CMA recently ran an investigation…
Published August 30, 2026 · Category: News
Overview
Critics say changes by CMA will allow multinationals to obscure their ownership of vet practices
Pet owners have been warned that they could be unknowingly ripped off by private equity firms who have bought local vet clinics, after the Competition and Markets Authority (CMA) removed requirements for multinational companies to disclose which practices they own.
Details
The CMA recently ran an investigation into the monopolisation of vet practices, and found that the lack of competition and transparency of ownership had led to high prices and a lack of information for customers. Pet owners were often unaware their local vet practice could be owned by an international private equity company.
Continue reading...
Source
Originally published at www.theguardian.com.
Related Articles
Frequently Asked Questions
What is "Pet owners at risk of being ripped off by private equity firms as vet ownership rules change" about?+
Critics say changes by CMA will allow multinationals to obscure their ownership of vet practicesPet owners have been warned that they could be unknowingly ripped off by private equity firms who have bought local vet clinics, after the Competition and Markets Authority (CMA) removed requirements for multinational companies to disclose which practices they own.The CMA recently ran an investigation into the monopolisation of vet practices, and found that the lack of competition and transparency of
Who reported this story?+
This story was reported by The Guardian World.