57. THE MONOPOLIES AND RESTRICTIVE TRADE PRACTICES ACT-1969
This Act is enacted to stop concentration of economic power to the common detriment, for the control of monopolies and for the prohibition of monopolistic and restrictive trade practices.

This Act do not apply on Government controlled undertakings. Section-3 deals in detail on cases where this act is not applicable.

The meaning of monopolistic trade practices, restrictive trade practices and unfair trade practices are given in detail in this Act.

Monopolies and restrictive trade practices commission is established to enforce this Act. The Commission has powers of enquiry into these activities and it can take any appropriate decision to prohibit these activities. The Commission is even authorize to divide a undertaking under this Act.

BACK@HOME