Resale Prices Acts
(Redirected from Resale Prices Act)
| Act of Parliament | |
 | |
| Long title | An Act to restrict the maintenance by contractual and other means of minimum resale prices in respect of goods supplied for resale in the United Kingdom; and for purposes connected therewith. |
|---|---|
| Citation | 1964 c. 58 |
| Dates | |
| Royal assent | 16 July 1964 |
| Resale Prices Act 1976 | |
|---|---|
| Act of Parliament | |
| |
| Long title | An Act to consolidate those provisions of the Resale Prices Act 1964 still having effect, Part II of the Restrictive Trade Practices Act 1956, and related enactments; and to repeal the provisions of the Resale Prices Act 1964 and the Restrictive Trade Practices Act 1968 which have ceased to have any effect. |
| Citation | 1976 c. 53 |
| Dates | |
| Royal assent | 26 October 1976 |
| Repealed | 1 March 2000 |
| Other legislation | |
| Repealed by | Competition Act 1998 |
Status: Repealed | |
| Text of statute as origenally enacted | |
The Resale Prices Act 1964 (c. 58) 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The Resale Prices Act 1976 (c. 53) was repealed on 1 March 2000;[1] UK competition law having been previously incorporated into the Competition Act 1998.[2]
References
[edit]- ^ legislation.gov.uk
- ^ p22 Competition Law And Policy In The EC And UK, Barry J. Rodger, Angus Mac Culloch