Vets should publish prices, competition watchdog says

Vets should be forced to publish price lists so pet owners can see costs up front and shop around for the best deal, the competition watchdog has said.

Owners are often unaware of prices or not given estimates for treatments that can run into thousands of pounds, its investigation into soaring vet costs found.

Vet prices have risen at nearly twice the rate of inflation, the Competition and Markets Authority (CMA) also found.

The CMA's proposals included making vets reveal if they are part of a large group, capping prescription fees and banning bonuses on offering specific treatments.

The RSPCA said publishing prices would help owners make more informed decisions.

Caroline Allen, the RSPCA's Chief Veterinary Officer said: "Our frontline officers sadly see first-hand the consequences when people delay or avoid seeking professional help, or even attempt to treat conditions themselves.

"Vets are under pressure, and have a key role to play on the frontline of animal welfare - but it's important people trust the industry."

The CMA's recommendations include:

Wednesday's findings into the £6.3bn sector are provisional, with interested parties now having until next month to make submissions before a final decision is published next year.

After the decision, changes will be implemented through a legally binding CMA order, which is expected to come before the end of 2026. Smaller vet businesses given additional time to implement it.