The Resale Prices Act 1964 c. 53 was a
consolidation Act which when passed, now considered all
resale price agreements to be against public interest unless proven otherwise.
Minimum resale price maintenance (MRPM) had ensured that retailers could only sell a product at a price determined by the manufacturer. The abolition of MRPM allowed such retailers to expand; for Instance
Comet Group transformed from a small electrical retail chain in Yorkshire to a national discount retailer.
The Resale Prices Act 1976 was
repealed
A repeal (O.F. ''rapel'', modern ''rappel'', from ''rapeler'', ''rappeler'', revoke, ''re'' and ''appeler'', appeal) is the removal or reversal of a law. There are two basic types of repeal; a repeal with a re-enactment is used to replace the law ...
on 1 March 2000; UK Competition law having been previously incorporated into the
Competition Act 1998
The Competition Act 1998 is the current major source of competition law in the United Kingdom, along with the Enterprise Act 2002. The act provides an updated framework for identifying and dealing with restrictive business practices and abuse o ...
.
[p22 ]
Competition Law And Policy In The EC And UK
', Barry J. Rodger, Angus Mac Culloch
References
{{reflist
United Kingdom Acts of Parliament 1964
United Kingdom Acts of Parliament 1976
Repealed United Kingdom Acts of Parliament