CMA Update: CMA publishes Profitability and Financial Analysis working paper

5 November 2024

CMA have published (1^st November) a working paper on their proposed approach to profitability and financial analysis as part of their market investigation into veterinary services for household pets.

The working paper explains their proposed methodology, including the time period they plan to examine, what measures of profitability they intend to assess, and how they will examine the profitability of different providers of veterinary services.

The document is available on their case page. A direct link to the document is available here.

The working paper is open to public consultation and comments can be submitted to the CMA by 5pm on 22^nd November.