MRTPC or Monopolies and Restrictive Trade Practices Commissions

MRTPC or Monopolies and Restrictive Trade Practices Commissions Set under the MRTP Act 1969 to ensure the diffusion the ownership and control of the material resources of the country and prevent their concentration in a few hands, MRTPC keeps a check on the expansion of large firms, setting up of new undertakings, mergers, and amalgamations of companies, orders separation of interconnected companies, and restricts the acquisition and transfer of shares of or by certain companies. It can enquire into monopolistic or restrictive or unfair trade practices, of its own accord or on complaint by the public. The MRTP Act covers only private

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