The effect of any combination to fix the price of labour in a particular employment by restraining those who would be prepared to pay more or accept less-that is what collective bargaining means if it means anything at all-is the same as the effect of any other restrictive practice: it makes everybody worse off in the end. (Enoch Powell)

The effect of any combination to fix the price of labour in a particular employment by restraining those who would be prepared to pay more or accept less-that is what collective bargaining means if it means anything at all-is the same as the effect of any other restrictive practice: it makes everybody worse off in the end.

Enoch Powell

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anything bargaining collective combination effect employment end everybody fix off particular pay practice price restraining restrictive worse means labour

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