§ Mr. Eldon Griffithsasked the Secretary of State for Industry what is his policy towards the selling of goods below the cost of production by companies in receipt of Government subsidies.
§ Mr. Gregor MackenzieSubject to the Price Code, prices charged by companies receiving Government financial assistance are primarily a matter for the companies' commercial judgment. A company's ability to sell its products profitably is, however, an important element in the appraisal of viability which is always undertaken when selective assistance is being considered.