Despite appearances, Australia’s pharmacies don’t much compete with each other. Many are commonly owned, especially those near each other. They are ripe for an ‘Uber’ moment.
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The new retail giant will control more than 26% of the Australian pharmacy market.
If Australia follows international trends and allows supermarkets to open pharmacies, what are the effects on neighbouring pharmacies? And when does running a business mean health care suffers?
Every day, more discount pharmacy stores and chains are opening and assaulting health-care consumers with the “we are cheaper” message.
Top contributors
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Professor of Pharmacy, Queensland University of Technology
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Professor of Marketing and Consumer Behaviour, Queensland University of Technology
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Associate Professor of Marketing, Tasmanian School of Business and Economics, University of Tasmania
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Professor of Finance, RMIT University
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Visiting Fellow, Crawford School of Public Policy, Australian National University