Our office just received a notification from the Federal Trade Commission that they’ll be holding a public workshop on Oct. 2 that should be of interest to many of you—they’ll be exploring “competition and consumer protection issues related to the pet medications industry.” Basically they’ll be looking at the ways that pet medications are distributed to consumers, and to that end are also looking at how and to what extend consumers can obtain “portable” prescriptions for their pets’ meds that can be filled wherever the consumer wants, plus looking at the rationale for the high cost of these medications. At long last the feds might be getting to the bottom of why a tiny tube of eye medication for canine “red eye” should cost $40! I’m sure many of you have similar stories to tell and questions to ask.
This all sounds really interesting, and the FTC is seeking public comments from consumers, veterinarians, business representatives, economists, lawyers, academics, and other interested parties. Comments can be submitted in paper or electronic format through September 14, 2012, with full instructions available in the Federal Register notice. You can see their notification here.