Question

give the full form of MRTP and state the reason behind this act​

Answer 1

Answer:

MONOPOLIES AND RESTRICTIVE TRADE PRACTICES ACT 

Explanation:

MONOPOLIES AND RESTRICTIVE TRADE PRACTICES ACT (MRTP), 1969

This Act was enacted to prevent the concentration of economic power to common detriment, control of monopolies, and prohibition of monopolistic and restrictive trade practices (MRTP) and matters connected therewith.

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Answer 2

Answer:

monopolies and restricted trade practices

Explanation:

this was introduced to ensure that the operation of the economic system does not result in the concentration of economic power in the hands of few