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Pyramid Selling

Volume 827: debated on Thursday 2 December 1971

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asked the Secretary of State for Trade and Industry what his inquiry into the use of the practice of pyramid selling by firms such as Golden Chemical Products Limited has revealed; and whether he will make a statement.

I am not yet in a position to make a statement. With regard to the company named by the hon. Member. I am precluded by Section 111 of the Companies Act, 1967, from giving information obtained during the enquiry.