§ 47. Mr. Hector Hughesasked the Minister of Agriculture, Fisheries and Food if, in view of the decision of the Monopolies Commission to disallow the proposed merger of the Ross Group of 429 fishing companies and Associated Fisheries, he will introduce legislation to nationalise the fishing industry.
§ Mr. HughesCan the Minister say why that merger was refused, and what principle is applied to such cases? Is he national interest considered?
§ Mr. HoyYes. In the first place the majority of the Commission opposed the merger for the reasons given in the Report. Secondly, the Government did not see any good reason for dissenting from the Report.