The Resale Prices Act 1964 c. 53 was a

consolidation Act A consolidation bill is a bill introduced into the Parliament of the United Kingdom with the intention of consolidating several Acts of Parliament or Statutory Instruments into a single Act. Such bills simplify the statute book without significant ...

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 Comet Electricals Limited, trading as Comet, is an online electrical retail chain based in the United Kingdom. The company sells consumer electronics and white goods, along with related products and services. Its predecessor, under the same bra ...

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repealed A repeal (O.F. ''rapel'', modern ''rappel'', from ''rapeler'', ''rappeler'', revoke, ''re'' and ''appeler'', appeal) is the removal or reversal of a law.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 of ...

.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{{reflist United Kingdom Acts of Parliament 1964 United Kingdom Acts of Parliament 1976 Repealed United Kingdom Acts of Parliament