COMMERCIAL TRUST ACT.
HOW COMBINES ACT.
By Telegraph—Press Association. Wellington, Friday. To-day is the fifth clay of the hearing of tlie anti-trust case. Mr. Hosking continued his address for the defence. He submitted a series of propositions dealing with the Commercial Trusts Act: (1) that it was permissible to combine to control the prices of goods if the control were not of a nature contrary to public interest; (2) that it was permissible for a commercial trust to fix prices which were not unreasonably high; (3) that it was permissible for anyone to sell goods at prices which were fixed by a commercial trust, if those prices were not unreasonably high; (4) that it was permissible to sell goods at prices not unreasonably high, in conformity with the determinations of commercial trust. The Act, he contended, had skilfully left an area within which commercial trusts might operate. The only control that could be against the public interest was one that produced unreasonably high profits or high prices. The onus of proving that the prices were unreasonably high was upon the Crown.
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https://paperspast.natlib.govt.nz/newspapers/TDN19121130.2.42
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Taranaki Daily News, Volume LV, Issue 166, 30 November 1912, Page 5
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181COMMERCIAL TRUST ACT. Taranaki Daily News, Volume LV, Issue 166, 30 November 1912, Page 5
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