Question

what is MRTP and it functions?

Answer 1

monopolies and restrictive trade policies act
it is an act made by the government to check the concentration of economic power

Answer 2

Monopolistic and Restrictive Trade Practice under MRTP Act, 1969.

The function of the MRTP Commission is to make sure a business is not using a monopoly to control prices of product or cost of production. MRTP stands for Monopolies and Restrictive Trade Practice.