Skip to main content

Price Control

Volume 984: debated on Monday 12 May 1980

The text on this page has been created from Hansard archive content, it may contain typographical errors.

27.

asked the Secretary of State for Trade if he will list his powers in relation to the control of prices.

I have powers under the Prices Act 1974 to regulate the prices of fresh or subsidised food and certain other articles. Powers to control prices may also arise from a report by the Monopolies and Mergers Commission on a monopoly reference under the Fair Trading Act 1973 or in a competition reference under the Competition Act 1980.