§ Mr. Spriggsasked the Secretary of State for Industry what is his estimate of the scale of investment by British industrial companies in industrial companies based in other EEC countries producing a similar range of products; what Community legislation governs investment by companies which might tend to limit competition; what is the comparable investment by industrial companies based in other EEC countries in the United Kingdom; and if, in the interests of fair competition, he will seek to monitor all such investments.
§ Mr. David MitchellThe information available on overseas direct investment both from and into the United Kingdom is published in the Annual Business Monitor, MA 4, Overseas Transactions copies of which are available in the Library. The Treaty of Rome does not restrict movement of investment between member countries, though there are 139W Treaty provisions to prevent distortion of conditions of competition. The Government keep both international and domestic investment under review, including its impact on competition.