§ Mr. George Jeger
asked the President of the Board of Trade whether he will make a statement on his conclusions following the report by the Monopolies 88W Commission on the proposed merger between the Ross Group and Associated Fisheries Limited.
§ Mr. Jay
Yes. The Group of eight members of the Monopolies Commission who were appointed to investigate and report on this proposed merger found by a majority of 6.2 that it might be expected to operate against the public interest and accordingly should not be allowed. The report is being published today.
I accept the majority view, and I am in communication with both companies.