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Indian Journal of Marketing

ISSN: 0973-8703 Frequency: Monthly Peer Review: Double-blind Published since: 1968 Language: English
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Original Article

Open Access Original Article

Market Response to Deregulation of Swedish Pharmacies: An Empirical Study on Consumers' Opinion in Stockholm City

Arup K. Baishya1

1 Head-Entrepreneurship Cell Era Business School, Plot No. HAF-1, Sector-9, Dwarka, New Delhi – 110077

Volume 42
Issue 7
Pages 45–53
Year 2012
Published: July 1, 2012
Abstract

The Swedish Government deregulated the pharmacy market in 2009, ending a four-decade long monopoly of the state-run Apoteket AB and opening the market for other competitors. This transition from monopoly to free market generated high level of expectations from consumers. In an attempt to shed light on the complex changes concomitant with the deregulation and to analyze the liberalized market, this paper studies the public opinion on deregulation and consumers' expectations from the pharmacy market. The study found Swedish consumers to be overwhelmingly supportive of the deregulation, and they expected higher accessibility, better quality drugs and improved service level. Based on the results, suggestions have been made for increasing opening hours, process improvement using Six Sigma and designing a people focused marketing mix. Proposition for a new framework of customer service management (CSM), called "ICTAS Framework" is put forward for consideration.

Keywords Swedish Pharmacy Deregulation Customer Service Management Pharmacy Marketing
How to Cite

Arup K. Baishya (2012). Market Response to Deregulation of Swedish Pharmacies: An Empirical Study on Consumers' Opinion in Stockholm City. Indian Journal of Marketing, 42(7), 45–53.

References
  1. Blondal, M. (2009). “Re-Regulating The Swedish Pharmacy System - Analysing Arguments Of Key Actors: A Documentary Analysis.” Thesis, University of Iceland, p. 3.
  2. "Inquiry On The Re-Regulation Of The Pharmacy Market." Health and Medical Care Policy Publication, <a href=http://www.regeringen.se/sb/d/10667/a/105674 target="_blank">http://www.regeringen.se/sb/d/10667/a/105674</a> accessed on June 12, 2010.
  3. Lindberg, Kajsa, and Petra A. (2007). 'The Evolution of Swedish Pharmacies and Recent Reforms.' Goteborg: Goteborg University, pp. 4-9.
  4. Oberg, Klas (2003). 'Pharmacy Regulation In Sweden: A New Institutional Perspective.' Lund University: Lund Studies in Economic History, p. 23.
  5. "Pharmacy market reform bill submitted to the Riksdag." Government Offices of Sweden Publication, <a href=http://www.regeringen.se/sb/d/11687/a/121144 target="_blank">http://www.regeringen.se/sb/d/11687/a/121144</a> accessed on May 19, 2010.
  6. "Sweden Finalizes Sales Of Pharmacies, Slows Down Monopolies." New Europe, <a href=http://www.neurope.eu/articles/97555.php target="_blank">http://www.neurope.eu/articles/97555.php</a> accessed on May 4, 2010.
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