Resale Prices Acts
The Resale Prices Act 1964 was a consolidation Act which when passed, now considered all resale price agreements to be against public interest unless proven otherwise.
Minimum resale price maintenance 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The Resale Prices Act 1976 was repealed on 1 March 2000; UK competition law having been previously incorporated into the Competition Act 1998.