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Food Prices

Volume 831: debated on Thursday 17 February 1972

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asked the Minister of Agriculture, Fisheries and Food whether it remains his assessment that the policy of competition will reduce food prices.

I am satisfied that effective competition among food manufacturers and distributors continues to be the best method of ensuring that price increases are kept to the minimum and that price reductions, such as those which followed the cuts in selective employment tax and purchase tax, are made wherever possible.