Control of Monopolies and Mergers
Present arrangements for the control of monopoly can be traced back to the Monopolies and Restrictive Practices (Inquiry and Control) Act, 1948, and to legislation in 1953, 1956 and 1965. When studying the legislation, you should pay particular attention to the market situations covered by succeeding Acts, the procedure followed in an investigation, the problem of defining the ‘public interest’, and the general attitude towards monopolies and mergers implied by the legislation.
KeywordsPublic Interest Colour Film Resale Price Maintenance Import Duty Monopoly Condition
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Sources and References
- Monopolies Commission, Report on the Supply and Processing of Colour Film (H.M.S.O., 1966). The British Motor Corporation Ltd. and the Pressed Steel Company Ltd.: A Report on the Merger (H.M.S.O., 1966).Google Scholar
- Board of Trade Journal, 7 Oct 1966.Google Scholar
- Lord Wilberforce, A. Campbell and N. Elles, Restrictive Trade Practices and Monopoly, 2nd ed. (Sweet & Maxwell, 1966 ).Google Scholar
- G. C. Allen, Monopoly and Restrictive Practices ( Allen & Unwin, 1969 ). An up-to-date introduction to the control of monopoly and restrictive practices, by a former member of the Monopolies and Restrictive Practices Commission.Google Scholar
- C. K. Rowley, The British Monopolies Commission ( Allen & Unwin, 1966 ). A systematic economic analysis of the work of the Monopolies Commission, which includes a case study of the procedure of an inquiry (the Imperial Tobacco Company).Google Scholar