HC Deb 22 November 1977 vol 939 cc696-7W
Mr. Wrigglesworth

asked the Secretary of State for Prices and Consumer Protection what considerations led to his decision not to refer the proposed acquisition by Lonrho Limited of a minority interest in the House of Fraser Limited to the Monopolies and Mergers Commission under the provisions of the Fair Trading Act 1973.

Mr. John Fraser

My right hon. Friend did not consider that the acquisition by Lonhro of a minority interest in the House of Fraser of the size proposed raised sufficient issues of public interest to warrant a full investigation.