The Monopolies and Restrictive Trade Practices (MRTP) Act, 1969, was primarily aimed at controlling monopolies. The Competition Act, 2002, was enacted to promote competition and prevent practices having adverse effects on competition, effectively replacing the MRTP Act.
The MRTP Act of 1969 has been :
Asked in OPSC CS Prelims 2015 · Topic: Industrial Sector (Industrial Policy and its Evolution since Independence)
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