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Drugs, Big Business and Community Service: Kicking the Chemists in the Margins
Where now for the high street pharmacists?
The Boots chemists chain saw their share price fall when news was released of the abolition of RPM. They estimated the move will cut £15 million from their profits. But soon after, they distanced themselves from the small chemists view that they had kept to throughout the dispute. They threatened supermarkets with a price war on over-the-counter medicines, saying that it is in their
shareholders' interests to safeguard sales. This could prove to be a dangerous strategy, as it is uncertain that Boots have the power to take on the supermarkets on price, and win.
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