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Clause 2. — References of Questions to the Board

Part of Orders of the Day — Prices and Incomes Bill – in the House of Commons at 12:00 am on 9th August 1966.

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Photo of Mr Robert Cant Mr Robert Cant , Stoke-on-Trent Central 12:00 am, 9th August 1966

I should like to speak at very great length on the wisdom of my hon. and learned Friend the Member for Northampton, but I will comment only very briefly on the speech of the right hon. Member for Leeds, North-East (Sir K. Joseph). He went back to the Hilton Committee on Trusts in 1919, saying as it did that light is the sovereign antiseptic and the best of all policemen when dealing with restrictive practices. I should like him to reflect on the example of the motor tyre industry. The Monopolies Commission investigated this industry and said that a number of its restrictive practices were against the public interest and the industry registered those practices with the Restrictive Practices Registrar who told the industry to desist. The industry was then reported because it was not desisting, but was operating on the basis of price information agreements and each firm was fined £10,000. Which does the right hon. Gentleman think the better, the limelight, or the penal code?