§ Mr. Arthur Lewisasked the Secretary of State for Prices and Consumer Protection, in view of the official statements that inflation is now running at 8 per cent., but of the fact that retailers sometimes sell goods at 100 per cent. above manufacturers' recommended retail prices, if he will seek powers to control such mark-ups.
§ Mr. MaclennanNo. My right hon. Friend already has powers under the Price Commission Act 1977 to restrict the margins of individual retailers if after an investigation the Price Commission so recommend.