Resale Prices Acts
From Wikipedia, the free encyclopedia
The Resale Prices Act 1964 (c. 58) was an act of the Parliament of the United Kingdom which when passed, now considered all resale price agreements to be against public interest unless proven otherwise.
.svg)
Long titleAn 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.
Royal assent16 July 1964
| Resale Prices Act 1964 | |
|---|---|
| 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 |
Long titleAn 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.
Territorial extentUnited Kingdom[b]
Royal assent26 October 1976
| Resale Prices Act 1976[a] | |
|---|---|
| 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 |
| Territorial extent | United Kingdom[b] |
| Dates | |
| Royal assent | 26 October 1976 |
| Commencement | 15 December 1976[c] |
| Repealed | 1 March 2000[d] |
| Other legislation | |
| Amends | |
| Repealed by | Competition Act 1998 |
Status: Repealed | |
| Text of statute as originally enacted | |
| Revised text of statute as amended | |
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 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The Resale Prices Act 1976 (c. 53) was repealed on 1 March 2000;[1] UK competition law having been previously incorporated into the Competition Act 1998.[2]