Monopolies and Mergers Commission

Oral Answers to Questions — Trade – in the House of Commons at 12:00 am on 19th November 1979.

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Photo of Mrs Sally Oppenheim Mrs Sally Oppenheim , Gloucester

My right. hon. Friend meets the chairman of the Monopolies and Mergers Commission as frequently as necessary. He has no meeting arranged at present.

Photo of Mr William Waldegrave Mr William Waldegrave , Bristol West

Does my right hon. Friend agree that a subject which may come up for discussion when next she meets the chairman is the problem of monopoly buyers—I believe that the correct word is "monopsonists"—and will she encourage him to launch an investigation into one in order to discourage the others?

Photo of Mrs Sally Oppenheim Mrs Sally Oppenheim , Gloucester

This is an interesting matter and, I believe, is the subject of an amendment which is likely before long to be before the Standing Committee considering the Competition Bill. It is of special interest in relation to public sector buyers, so obviously it is a matter to which the Government will be giving due consideration.