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Irish Pharmacies Call for Limits on Corporate Ownership

| Written by Stacy Mitchell | No Comments | Updated on Nov 1, 2003 The content that follows was originally published on the Institute for Local Self-Reliance website at https://ilsr.org/irish-pharmacies-call-limits-corporate-ownership/

The Irish Pharmaceutical Union (IPU) has asked the government to adopt restrictions on the ownership of pharmacies similar to regulations in place in most European countries.

The IPU favors restricting pharmacy ownership to pharmacists, and capping the number of pharmacies any pharmacist can own at five. Eleven of the fifteen European Union countries, including France and Germany, have similar laws prohibiting corporate chains from operating drugstores. The rules are often part of national healthcare regulations and are designed to preserve the integrity of prescription drug services by keeping pharmacists in control.

More than one-third of Irish pharmacies are already part of a chain. In Norway, where ownership restrictions were lifted two years ago, 70 percent of drugstores are now owned by three chains.

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About Stacy Mitchell

Stacy Mitchell is co-director of the Institute for Local Self-Reliance, and directs its Community-Scaled Economy Initiative, which produces research and analysis, and partners with a range of allies to design and implement policies that curb economic consolidation and strengthen community-rooted enterprise.  She is the author of Big-Box Swindle and also produces a popular monthly newsletter, the Hometown Advantage Bulletin.  Connect with her on twitter and catch her TEDx Talk: Why We Can’t Shop Our Way to a Better Economy. More

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