MONOPOLY INQUIRY TO BE HELD IN BRITAIN
London, April 8. The Government intends to set up an independent body to be known as the Monopoly Commission, to find out whether monopolies exist and to make recommendation for dealing with “mischiefs" arising from artificial arrangements to limit competition in industry. The commission will be established under the provisions of the Monopoly Inquiry and Control Bill, the text of which is published today. The Commission will consist of from three to eight members whom the Board of Trade will appoint. Matters will be referred to it if a third or more of goods are supplied, bought, or processed either by one person, or by two or more persons who have a tacit or expressed arrangement to limit competition. The minister may prohibit agreements, boycotts, conditional
sales, and preferential terms by any one. carrying on business in Britain either locally or outside the country. Civil but not criminal proceedings can be brought for breach of an order under the Act.
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Wanganui Chronicle, 12 April 1948, Page 5
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167MONOPOLY INQUIRY TO BE HELD IN BRITAIN Wanganui Chronicle, 12 April 1948, Page 5
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