Prof.

Nachita
Parag Bhatnagar
Raju Paul
Saurabh Sharma
Kaushal Kaurav
Bhupendra Singh
MRTP ACT
 The MRTP Act has made distinction between
monopolistic and restrictive trade practices.
 It was setup to investigate the effects of
monopolistic conditions case by case on the
public interest and to recommend suitable
correct measures.
 Introduced in 1969 implemented on 1970.
AIM
 Price fixing Arrangement.
 Grant Of concession.
 Distribution Maintenance
 Restriction of Manufacturing.
 Boycott by trade association.
 Control of prices.
OBJECTIVE
 To have a careful watch that the operation of the
economic system does not create any
concentration of economic power to the
detriment of the common people of the country.
 To control monopolies prevailing in the country.
 To have a check on monopolistic, restrictive and
unfair trade practices in the country.
Role of the MRTP and Goverment

 There has general reluctances and delay

in referring various matters to the MRTP
commission.

 Thegovernment is reluctant to implement

provision of the MRTP act.
Suggestion For the Successful
Operation
 Should have mandatory powers to pass
final orders.
 Applied to the public sectors as well.
 Adequate powers to pressurize the wrong
parties to provide compensation.
 Should appoint full-body commission to
study the problems of huge monopolistic
practices.