Kodak freed from old pledges
The decision stems from a fundamental change in the market since the Monopolies and Mergers Commission report was published in 1966, when print film technology was still in its infancy and most colour pictures were taken on slide film.
The commission ruled that Kodak was discriminating between retailers for the supply of slide film. In addition, it and other suppliers were including a processing charge in the price of film.
Kodak agreed to end the discrimination and along with the others - such as Agfa, Ilford, Hanimex and 3m - was forced to provide films inclusive and exclusive of processing charges.
Kodak also undertook to implement a 12.5 per cent price cut and to abandon resale price maintenance. It was released from these undertakings in 1983.
Since then there has been a dramatic shift in consumer demand for colour films, making the MMC's ruling irrelevant. More than three-quarters of colour pictures are now taken on print film , which is easier to process.
The market is also more competitive and has seen the entry of Fuji, the big Japanese company.
Kodak said the DTI's decision would have no impact on today's photographers.
- 1 Home Office says Nigerian asylum-seeker can’t be a lesbian as she’s got children
- 2 What happens to your body when you give up sugar?
- 3 Japanese island overrun with cats after population explodes
- 4 Apple and Google users being spied on for a decade because of 'Freak' security flaw
- 5 Have sex with your iPad thanks to the new sex toy no-one asked for
The City of the Monkey God: Archaeologists claim to have found city lost for 1,000 years in remote Honduran jungle
Japanese island overrun with cats after population explodes
Delhi bus rapist blames dead victim for attack because 'girls are responsible for rape'
Bubonic plague-carrying fleas found on New York City rats
London property boom built on dirty money
'Jihadi John': CAGE representative storms off Sky News accusing Kay Burley of Islamophobia
Durham Free School: 'Creationism taught at' free school facing closure
Nearly 100,000 of Britain's poorest children go hungry after parents' benefits are cut
Ukip would cut billions from Scottish budget to fund English tax cuts
End of the licence fee: BBC to back radical overhaul of how it is funded
Ukraine crisis: Top Chinese diplomat backs Putin and says West should 'abandon zero-sum mentality'
iJobs Money & Business
£25000 - £30000 per annum + benefits: Ashdown Group: A global leader operating...
Voluntary post, reasonable expenses reimbursed: Reach Volunteering: Would you ...
£36,000 - £40,000: Christine McCleave: Are you looking for a new opportunity a...
£15000 - £18000 per annum: Recruitment Genius: This is a great opportunity for...