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Price Increases (Notifications)

Volume 974: debated on Thursday 29 November 1979

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asked the Secretary of State for Trade if he will end the requirement to notify price increases in such items as beer to the Office of Fair Trading.

There is no general requirement to notify price increases to the Office of Fair Trading. In a limited number of cases the parties to a monopoly situation notify price increases to the Office as a consequence of undertakings they have given following adverse findings by the Monopolies and Mergers Commission in a report on a monopoly investigation. No such arrangements apply to beer.