Early day motion tabled by primary sponsor Lindsay Hoyle (Labour), on Wednesday, 21 July 1999, in the House of Commons. It is signed by 50 members in total.

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FIXING OF CAR PRICES IN THE UK

That this House notes the recent admission of Volvo car manufacturers that it has been supporting secret arrangements to fix its British car prices; believes that this constitutes a serious breach of UK law and a blatant disregard to the exploitation of UK customers; further notes that Volvo escaped penalties and was not even fined for this serious misconduct, with the Office of Fair Trading accepting a promise that this will not happen again in the future; believes that this will offer no deterrent to other car companies who also consider fixing prices; and calls upon the Government to increase the fines which can be imposed and to consider introducing mandatory prison sentences for directors of companies who are found to be operating a cartel and fixing prices in the UK.

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Secondary information

Type

Early day motion

Reference

862 

Session

1998-99

Subjects

Cars Prices Price fixing Volvo

Link

View this Early day motion on www.parliament.uk