HC Deb 26 January 1956 vol 548 cc341-2
11. Mr. Holt

asked the President of the Board of Trade whether he will now withdraw tariff protection from all complete or partial monopolies, and from industries indulging in price-fixing agreements.

Mr. P. Thorneycroft

No, Sir. I could not prejudge any proposal to adjust an Import Duty, but Her Majesty's Government would take into account all the relevant factors, including the structure of the industry concerned.

Mr. Holt

Can the Minister say how he aligns the two apparently contradictory policies of bringing in a stronger Monopolies Bill and, at the same time, giving tariff protection to those industries which are carrying out practices of which he apparently disapproves?

Mr. Thorneycroft

The question of tariff protection is a quite separate one which is judged upon well-established principles by the Government and, in appropriate cases, raised or lowered.