Question

for what purpose was MRTP act enacted ?

Answer 1

The Monopolies and Restrictive Trade Practices Act of 1969, aims to prevent concentration of economic power to the common detriment, provide for control of monopolies and probation of monopolistic, restrictive and unfair trade practice, and protect consumer interest....

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Answer 2

To ensure that the operation of the economic system does not result in the concentration of economic power in the hands of few.

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