HC Deb 27 June 1921 vol 143 cc1806-7
13. Mr. MYERS

asked the President of the Board of Trade whether, in the establishment of British dyes, the goodwill of certain private businesses was purchased; and, if so, whether there was any provision in the conditions of sale to prevent the firm or firms concerned establishing a new business in competition with British dyes?

Sir P. LLOYD-GREAME

I am not clear if the inquiry of the hon. Member relates to British Dyes, Limited, which on its formation in 1915 acquired the undertaking of Read, Holliday, and Sons, Limited, or to the British Dyestuffs Corporation, which was formed to acquire the control of British Dyes, Limited, and Levinstein, Limited. In the former case no such condition as is suggested by the hon. Member was imposed; in the latter case the nature of the amalgamation was such that the question would not arise.