Pharmacy Monopoly

State Sells Two-Thirds of Pharmacies

On Tuesday, the Swedish government officially announced that it is to sell two-thirds of its 900 state-owned pharmacies. By abolishing the state monopoly in this sector, the centre-right government intends to increase competition on the pharmaceutical market – which eventually should lead to lower drug prices. But the opposition fears that abolishing the state monopoly will merely lead to oligopolies by a few private competitors.