HC Deb 23 June 1960 vol 625 cc661-2
17. Mr. Darling

asked the President of the Board of Trade what representations have been made to him from petroleum companies and from motor trade associations on the suggestion, made in the last annual report of the Monopolies Commission, that oil and petrol distribution should be referred to the Commission for inquiry; if he will list the companies and associations concerned; and if he will make a statement.

Mr. Maudling

Since the Annual Report by the Board of Trade for the year ended 31st December, 1959, I have received two letters on this subject: neither was from a petroleum company or a motor trade association. I have, however, seen advertisements in the Press on this matter. I have nothing to add to my hon. Friend's Answer of 2nd June.

Mr. Darling

May we take it that the petrol companies have not shown any eagerness to have their operations publicly examined? In view of the comment in the annual report to the President, did the right hon. Gentleman take note of the fact that when the oil companies reduced the price of petrol a few days ago they all reduced the price of the same grades by precisely the same amount at the same time? Is not that at least prima facie evidence of collective price fixing in contravention of the Restrictive Trade Practices Act, and, in view of all the discussions that are going on, is not the President of the Board of Trade failing in his duty if he refuses still to ask the Monopolies Commission to make this examination?

Mr. Maudling

There is a difference between price leadership and price fixing. We are considering further references to the Commission, but I cannot make any statement yet on what they will be.

Mr. Darling

In view of the very unsatisfactory nature of the reply, I beg to give notice that I shall try to raise the matter on the Adjournment.