Question

by which act does the government check restrictive trade?
a) Acquisition
b) Merger
c) Strategic alliance
d) None of the above​

Answer 1

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Answer 2

Answer:

The complete question with correct options:

By which act does the government check restrictive trade?

A. MRTP Act

B. FEMA act

C. Industrial Policy Act 1991

D. None of these

Answer: A MRTP Act

Explanation:

A restrictive trade practice is generally one which has the effect of precluding, distorting or confining competition. In particular, a practice which tends to obstruct the inflow of capital or coffers into the sluice of product is an RTP.

Vague and nebulous law – Section 2( o) of the MRTP Act defined the term' restrictive trade practices' which covered any exertion that averted, distorted or confined competition. Unfair Trade Practices illegal Trade Practices are acts of false & deceiving nature related to goods and services by the enterprises.

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