I know that at least one of my Back-Bench colleagues takes that view. My hon. Friend is an aficionado of Adam Smith and he will recall that Adam Smith actually says that a true free market is one in which there are an equal number of buyers and suppliers, which, of course, is patently not the case in the grocery market. The ombudsman is about addressing a market failure, not about interfering in a free market. However, we welcome the Government's albeit belated decision to respond.
Food Industry Competitiveness
Proceeding contribution from
James Paice
(Conservative)
in the House of Commons on Thursday, 21 January 2010.
It occurred during Topical debate on Food Industry Competitiveness.
Type
Proceeding contribution
Reference
504 c468 
Session
2009-10
Chamber / Committee
House of Commons chamber
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Timestamp
2023-12-08 16:44:22 +0000
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