The hon. Gentleman does not understand the purpose of the law we propose. It is a condition for the minimal amount of Government interference. The only condition in a free society in which individual sections and interests in the society can have the minimum amount of interference is a condition in which the Government have laid down the basic rules within which all of us are free to operate. Without that there can be no respect for other people's interests. This is one of the great problems of order in a free society, and it is the major job of Government. That is our philosophy: we only wish it were the philosophy of the party opposite.
We have said that it is only within the context of such an economy that we can ever hope to solve our prices and incomes problems. We have said over and over again, and we shall go on saying, that high profitability, high investment, high earnings, higher efficiency and an expanding economy will only come when we get fiscal, economic and industrial relations policies radically different from those of the Labour Government. Within the context of these entirely different policies, we believe most certainly and strongly that there must be a Monopolies Commission more powerful and effective than the present Commission, and the next Conservative Government will create just such a Commission.