Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, with reference to the Competition and Market Authority’s final report of March 26th 2026, what the planned frequency of review is on the prescription fee caps on veterinary medicines; and which authority will have the responsibility to review the prescription fee caps on veterinary medicines.

The Competition and Markets Authority (CMA) is independent of Government and is responsible for the design, implementation and monitoring of market investigation remedies. The CMA has a statutory duty to keep under review the Order that will set out the prescription fee cap requirements. The prescription fee caps will increase annually in line with inflation, as measured by the Consumer Prices Index. Compliance with the caps will be monitored and enforced by the CMA and the Royal College of Veterinary Surgeons.