________________ is an Act to control and regulate the concentration of economic power to the common detriment?

Questions › Category: Business Environment › ________________ is an Act to control and regulate the concentration of economic power to the common detriment?
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VideRime Staff asked 3 years ago
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________________ is an Act to control and regulate the concentration of economic power to the common detriment?

a) IRDA Act

b) MRTP  (Ans)

c) ILO Act

d) FERA

 

* MONOPOLIES AND RESTRICTIVE TRADE PRACTICES ACT (MRTP), 1969: This Act was enacted to prevent the concentration of economic power to common detriment, control of monopolies, and prohibition of monopolistic and restrictive trade practices (MRTP) and matters connected therewith.