Resale Prices Acts
The Resale Prices Act 1964 c. 53 was a consolidation Act which when passed, now considered all resale price agreements to be against public interest unless proven otherwise.
| Act of Parliament | |
.svg.png.webp) | |
| Long title | An Act to restrict the maintenance by contractual and other means of minimum resale prices in respect of goods supplied for resale in the United Kingdom; and for purposes connected therewith. |
|---|---|
| Citation | 1964 c. 53 |
| Dates | |
| Royal assent | 16 July 1964 |
| Act of Parliament | |
| |
| Long title | An Act to consolidate those provisions of the Resale Prices Act 1964 still having effect, Part II of the Restrictive Trade Practices Act 1956, and related enactments; and to repeal the provisions of the Resale Prices Act 1964 and the Restrictive Trade Practices Act 1968 which have ceased to have any effect. |
|---|---|
| Citation | 1976 c. 53 |
| Dates | |
| Royal assent | 26 October 1976 |
| Repealed | 1 March 2000 |
| Other legislation | |
| Repealed by | Competition Act 1998 |
Status: Repealed | |
| Text of statute as originally enacted | |
Minimum resale price maintenance (MRPM) had ensured that retailers could only sell a product at a price determined by the manufacturer. The abolition of MRPM allowed such retailers to expand; for instance Comet Group transformed from a small electrical retail chain in Yorkshire to a national discount retailer.
The Resale Prices Act 1976 was repealed on 1 March 2000;[1] UK competition law having been previously incorporated into the Competition Act 1998.[2]
References
- legislation.gov.uk
- p22 Competition Law And Policy In The EC And UK, Barry J. Rodger, Angus Mac Culloch
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.