'Major structural change' for country's pharmacy sector flagged by ACCC of Chemist Warehouse merger

A proposed merger between discount pharmacy giant Chemist Warehouse and Sigma Healthcare risks reducing competition in Australia's pharmacy sector and could result in consumers paying higher prices, the Australian Competition and Consumer Commission has warned.

The competition watchdog has released its preliminary statement of issues into the $8.8 billion deal, outlining a number of "competition concerns" that would deliver substantial changes for the pharmaceutical industry.

To know more: https://www.abc.net.au/news/2024-06-13/chemist-warehouse-sigma-healthcare-merger-decision-accc/103972198