§ Mr. McWilliamasked the Chancellor of the Exchequer if he will take steps to prevent unfair bidding for shares in a public company which is being privatised, whether by fixed price or tender, by virtue of the bidders' special insider knowledge of the likely value of the shares.
§ Mr. Ridley[pursuant to his reply, 4 March 1982, c. 219]: I am satisfied that the existing arrangements are adequate to prevent abuses of this kind.