Competition Commission report flags mass concentration

 

According to a study by the Competition Commission about 69.5% out of 144 sectors examined, were “highly concentrated”, with 40.3% of these classified as “highly concentrated with a presumptively dominant” firm. Only about 9.7% of the surveyed sectors “were found to have unconcentrated” markets”. - Business Report (8 December 2021)

“In the retail pharmacy sector two largest pharmacy chains, identified as Clicks and Dis-Chem, ‘have rapidly grown their market share over the past five years through the acquisition of licensed independent pharmacies and the granting of new pharmacy licenses’, often in shopping malls or convenience centres.”

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