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Chemist Warehouse declares war on the Pharmacy Guild

Luke Grant

Luke Grant talk to Leith Van Onselen, the ‘Unconventional Economist’ from Macrobusiness about Chemist Warehouse declaring war on the Pharmacy Guild.

 

Mr Onselen recently wrote ‘the release in 2015 of the Harper Review into competition policy recommended that the Government deregulate pharmacy ownership, by dumping pharmacy location and ownership rules, noting that “such restrictions limit the ability of consumers to choose where to obtain pharmacy products and services, and the ability of providers to meet consumers’ preferences”.’

 

However, the Pharmacy Guild might finally have met its match, with Australia’s largest pharmacy retailer – Chemist Warehouse- demanding greater competition ahead of a new five-year agreement being brokered between the federal government and Pharmacy Guild, which is expected to be finalised in December.

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Luke Grant
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