MAN’S EXCUSE FOR CUTTING PRICES
Facing Up To Keeping Cost Of Living Down
(Special Correspondent N.Z.P.A.) LONDON, June 15. A tobacconist who told the High Court “I was trying to keep up to Mr Macmillan’s speech about keeping the cost of living down,” was ordered by the Judge to stop selling cigarettes at the pre-Budget price of Is HJd for 10 and to sell them at the ruling price of 2s OJd. The Judge granted a tobacco company a perpetual injunction restraining the man, the proprietor of eight Wolverhampton shops, from undercutting. The company’s conditions of sale, the Judge pointed out, could be enforced under the Restrictive Trade Practices Act. “It seems to me that the small man hasn’t much chance,” the tobacconist told the Judge, who replied: “That is not my fault.” “I believe your Lordship’s own views are like mine," said the tobacconist. “I did not say that,” said the Judge. *
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Press, Volume XCIX, Issue 29233, 17 June 1960, Page 9
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153MAN’S EXCUSE FOR CUTTING PRICES Press, Volume XCIX, Issue 29233, 17 June 1960, Page 9
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