§ Mr. Bishopasked the Secretary of State for Trade and Industry, in view of the proposed Watney-Grand Metropolitan take-over, whether he will change his policy regarding possible monopoly conditions and take action in circumstances giving rise to a possible monopoly situation before bids are finalised.
§ Mr. John DaviesThe decision whether and when to refer a merger for examination by the Monopolies Commission must continue to depend on the circumstances of each case. I will announce as soon as is practicable the result of my consideration of the proposed acquisition of Watney Mann by Grand Metropolitan Hotels.