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PRESENTATION ON

MRTP ACT
bmitted By- Akash Ando
ll No- 604
ass- MBA Sem-II
INTRODUCTION
The Monopolies And Restrictive
Trade Practices Act, 1969 is an
important piece of economic legislation.
This Act was enacted:
To ensure that the operation of the
economic system does not result in the
concentration of economic power in the
hands of few.
To provide for the control of monopolies.
INTRODUCTION
The act came into force from 1st June,
1970, and has been amended in
1991.
The MRTP Act extends to the whole
of India except Jammu and Kashmir
APPLICATION OF
THE ACT
This Act shall not apply to:
Any undertaking owned or controlled by
the Government Company.
Any undertaking owned or controlled by a
corporation.
Any undertaking owned by a co-operative
society formed and registered under any
Central, Provincial or State Act.
Any financial institution
MONOPOLISTIC TRADE
PRACTICE
A monopolistic trade practice is a trade
practice which has, or is likely to have,
the effect of reasonably preventing or
lessening competition in the production,
supply or distribution of any goods or
services limiting technical development
and capital investment to the common
detriment or allowing the quality of
goods or services to deteriorate.
UNFAIR TRADE PRACTICE

An unfair trade practice means a trade


practice, which, for the purpose of
promoting any sale, use or supply of
any goods or services, adopts unfair
method, or unfair or deceptive
practice.
Unfair practices may be
categorised as under:
FALSE REPRESENTATION

BARGAIN PRICE

OFFERING OF GIFTS AND PRIZES

NON-COMPLIANCE OF PRESCRIBED STANDARDS

HOARDING OR DESTRUCTION OF GOODS


THANK YOU

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