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The MRTP Act was passed by the Government of India in 1969 to prevent economic concentration and protect consumer interests. It aims to control monopolies and prohibit unfair, restrictive, and monopolistic trade practices. The Act established the MRTP Commission which has the power to investigate complaints around these issues, order remedies, and impose restrictions on problematic practices. It defines various unfair trade practices and monopolistic practices and gives the Commission authority to regulate

Author

awasarevinayak

Language

EN