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Sendzimir Club

Volume 124: debated on Tuesday 8 December 1987

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To ask the Chancellor of the Duchy of Lancaster what steps have been taken to ensure that the Sendzimir Club, which controls the price of stainless steel and of which British Steel is a member, promotes an efficient, competitive market in stainless steel; and if he will make a statement.

[holding answer 7 December 1987]: The main safeguard of an efficient, competitive market is EC and national competition law, for which the appropriate authorities are the European Commission and the Director General Fair Trading.