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," EXCESSIVE PROFITS" • ON• ACCESSORIES

21st March 1952, Page 36
21st March 1952
Page 36
Page 36, 21st March 1952 — ," EXCESSIVE PROFITS" • ON• ACCESSORIES
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Which of the following most accurately describes the problem?

WHEN Miss Elaine Burton asked the IT President of the Board of Trade in the House of' Commons last week whether he was aware of the "excessive profits" made by makers of motor accessories, she said that sparking plugs costing 6d. each to make were being sold at 5s.-5s. 6d. each, and that dealers took a profit of 82 per cent, on the sale of upper-cylinder lubricants.

Mr. Peter Thorneycroft, the President. said that he would consider Miss Burton's allegations when he next selected matters for reference to the Monopolies and Restrictive Practices Commission.