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Monopolistic and Restrictive Trade Practices Act 1969: Presented By: Neha Jain Rashmi Khatri
Monopolistic and Restrictive Trade Practices Act 1969: Presented By: Neha Jain Rashmi Khatri
Restrictive Trade
Practices Act 1969
An Act to provide that the operation of the economic system does not result in the concentration of
economic power to the common detriment, for the control of monopolies, for the prohibition of
monopolistic and restrictive trade practices and for matters connected therewith or incidental thereto.
(1) This Act may be called the Monopolies and Restrictive Trade Practices Act, 1969.
(2) It extends to the whole of India except the State of Jammu and Kashmir.
(3) It shall come into force on such date as the Central Government may, by notification, appoint 1a.
DEFINITION:
(a) “agreement” includes any arrangement or understanding, whether or not it is intended that such
agreement shall be enforceable (apart from any provision of this Act) by legal proceedings;
(b) “Commission” means the Monopolies and Restrictive Trade Practices Commission established under section
5;
(c) “Director General” means the Director General of Investigation and Registration appointed under section 8,
and includes any Additional, Joint, Deputy or Assistant Director General of Investigation and Registration
(iii) an undertaking which, by itself or along with inter-connected undertakings produces, supplies, distributes or
otherwise controls not less than one-fourth of the total goods that are produced, supplied or distributed in India or any
(iv) an undertaking which provides or otherwise controls not less than one-fourth of any services that are rendered in