AND RESTRICTIVE TRADE PRACTICE COMMISSION
regarding monopolistic trade practice, unfair
trade practice and restrictive trade practice
can be made to the MRTP commission at the
General (Investigation & Registration)
of action on complaint:
may be initiated through a complaint by an
individual or registered consumer
finding investigation is carried on by the
no prima facie case is made, the complaint
is dismissed, else an order is passed to
commission may restrain the party concerned
from carrying on the impugned trade
practices by granting temporary injunction.
order is passed. Compensation may be granted
to the complainant.
Monopolies and Restrictive Trade Practices Act,
1969, aims to prevent concentration of economic
power to the common detriment, provide for
control of monopolies and probation of
monopolistic, restrictive and unfair trade
practice, and protect consumer interest.
trade practice is that which represents abuse of
market power in the production and marketing of
goods and services by eliminating potential
competitors from market and taking advantage of
the control over the market by charging
unreasonably high prices, preventing or reducing
competition, limiting technical development,
deteriorating product quality or by adopting
unfair or deceptive trade practices.
advertisement and False Representation
representing that goods and services are of
a particular standard, quality, grade,
composition or style.
representing any second hand renovated or
old goods as new.
that goods or services, seller or supplier
have a sponsorship, approval or affiliation
which they do not have.
a false or misleading representation
concerning need for, or usefulness of goods
to public any warranty, guarantee of
performance that is not based on an adequate
test or making to public a representation
which purports to be such a guarantee or
and misleading claims with respect to the
price of goods or services.
false or misleading facts disparaging the
goods, services or trade of another person
maximise profits and market power, traders often
attempt to indulge in certain trade practices
which tend to obstruct the flow of capital into
the stream of production. It may also bring
manipulation of prices or conditions of delivery
or affect the flow of supplies in the market so
as to impose unjustified costs.