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What is Overview of MRTP Act and Competition Bill about?

The Monopolistic and Restrictive Trade Practices Act (MRTP Act) of 1969 aimed to control monopolies and prohibit anti-competitive trade practices in India. It has since been amended several times and was replaced by the Competition Act of 2002. The MRTP Act sought to eliminate restrictive, unfair, and monopolistic trade practices. It applied to the whole of India except Jammu and Kashmir. The MRTP Act has now been replaced to move from over-regulation of business to promoting competition through the new Com

Author

Syed Asad

Language

EN