URGENT: Vets Must Publish Prices, Says Competition Watchdog in Shocking Ruling

Breaking News: Vets Must Publish Prices, Says Competition Watchdog The UK's competition watchdog has ordered vets to publish price lists, citing concerns over soaring costs and lack of transparency. Immediate Impact: Pet owners will now be able to see upfront costs for treatments, allowing them to shop around for the best deal. The move aims to curb rising vet bills, which have increased at nearly twice the rate of inflation. Background: An investigation by the Competition and Markets Authority (CMA) found that vets often fail to provide estimates or disclose prices for costly treatments. Whistleblowers inside the industry blamed big companies buying up practices for driving up costs. Current Status: The CMA's proposals also include capping prescription fees and banning bonuses on offering specific treatments. Vets will be required to reveal if they are part of a large group, increasing transparency in the industry. Developing Story: This is a developing story, with further details expected in the coming days. The BBC will provide updates as more information becomes available. *This is a developing story. Updates will be provided as more information becomes available. Based on reporting from Bbc.*