Question

what is MRTPA? m r t p a stands for what ​

Answer 1

Answer:

The Monopolies and Restrictive Trade Practices (MRTP) Act, 1969, aims at preventing concentration of economic power in the hands of few business houses. The Act provides for control of monopolies, probation of monopolistic, restrictive and unfair trade practice and protection of consumer interests.

(MRTPA stands for Monopolies and Restrictive Trade Practices )

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Answer 2

Answer: Monopolies and Restrictive Trade Practices Act  (MRTPA)

Explanation:

• The MRTPA is basically stand for the Monopolies and Restrictive Trade Practices Act  and the main aim of this type of act is to manage the various types of economical based function and operation in the management.
• The MRTP Act is basically used to prevent from the economical power and also control the monopolies matters, prohibited the restrictive trading practices.  

 Therefore, The Monopolies and Restrictive Trade Practices Act is the correct answer.

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