Submitted to the Foculty of Groduqte Studies ond Reseorch in portiol ...

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-26-
.Act possed os eorly os 1850, gronting ',free qnd equoL entry,,
into business of hrhotever kind.
The Price Agreements l\ct l93I wqs þosed on the so-cqlled
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London Resolution to the effect thot cortels, trusts, ond simirqr
ollionces should not be rejected on principte, Since such combines,
however, hod potentiolLy hormful effects, provision wos.mode for
regulqtory Stote intervention. This Act ì¡tos to follow o course
olike thot of 1929, ond together they were to serv€ the th,ofold
purpose of preventing injustice to the consumer ond of Oorrini
unfqir interference with privote enterprise,
The Price Agreements Act 1937 initiqted o virtuol cqrtel-
legislct.ion in Denmork. It b/os potterned not only on the London
Resolution just referr€d to but olso on the Norwegion Trust Act
1926. A Price Control Boord (eCa) wos estqblished h,hich wqs to
receive rêports on oll qgr€ements reloting to conditions of
price, production, solê or tronsportotion in so for os they
"exerted or were likely to exert,. o decisive influence within
the whole country or ony of its regions. The ogreements h/ere to
be enterêd into o publicty occessible register. Agreements
involving unreosonqbLe prices or other restrictive trcde
proctices were prohibited, In the êv€nt thot the inquiries or
investigotions of the PCB detected ony trespossing, such
violotions were to b6 deott with by negotiotion or, if dèemed
necessory, by order. Moreav€r, the pCB could qsk the Stqte
i rPossed on the 26th Conference of the Interporliomentory
Union, held in London, 1930, ond notified to the Administrotive
Office of the Leqgue of Nqtions.