July 5, 1935 (17th Parliament, 6th Session)

CON

Richard Bedford Bennett (Prime Minister; President of the Privy Council; Secretary of State for External Affairs)

Conservative (1867-1942)

Mr. BENNETT:

That is the principle
which we adopted when we passed section 14. In order that there may be no misunderstanding, perhaps I had better read the first part of the section:
Id any case where the commission, after full investigation under the Combines Investigation Act, is unanimously of opinion that wasteful or demoralizing competition exists in any specific industry, and that agreements between the persons engaged in the industry to modify such competition by controlling and regulating prices or production would not result in injury to or undue restraint of trade or be detrimental to or against the interest of the public or where such agreements exists and in the opinion of the commission but for their existence wasteful or demoralizing competition would exist in any specific industry the commission may so advise the governor in council and recommend that certain agreements be approved.
That is repeating the words which appear in the earlier part of the section so as to carry the effect of the proposal into both matters which are mentioned in the section.

Topic:   TRADE AND INDUSTRY COMMISSION
Subtopic:   CONCURRENCE IN CERTAIN SENATE AMENDMENTS AND NON-CONCURRENCE IN OTHERS
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