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Question
What is the full form of MRTP act?
What is the full form of MRTP act?
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Answer:
The full form of MRTP act is MONOPOLIES AND RESTRICTIVE TRADE PRACTICES ACT
- Under this MRTP commission was established. MRTP Act was introduced to check monopolies. The MRTP Act was relaxed in 1991.
- 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.
Answer:
The full form of MRTP act is MONOPOLIES AND RESTRICTIVE TRADE PRACTICES ACT
- Under this MRTP commission was established. MRTP Act was introduced to check monopolies. The MRTP Act was relaxed in 1991.
- 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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