The Monopolies and Restrictive Trade Practices Act, 1969
1. Short title, extent and commencement.
ACT NO. 54 OF 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.
Be it enacted by Parliament in the Twentieth Year of the Republic of India as follows :-
(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 1[such date] as the Central Government may, 2[by notification], appoint.
Note:
1. The Act became effective from 1st. June, 1970, Vide SO 1981, dated 30th. May, 1970.
2. Substituted by Act No. 30 of 1984, w.e.f. 1st. August, 1984. |