logging in or signing up MRTP act parsi3960 Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 1010 Category: Education License: All Rights Reserved Like it (0) Dislike it (0) Added: October 16, 2010 This Presentation is Public Favorites: 1 Presentation Description No description available. Comments Posting comment... By: indiavisit (14 month(s) ago) nice ppt. thanks dear Saving..... Post Reply Close Saving..... Edit Comment Close Premium member Presentation Transcript MRTP ACT : MRTP ACT BIRTH AND OBJECTIVES OF ACT : BIRTH AND OBJECTIVES OF ACT The MRTP Act 1969 is an important but very controversial piece of economic legislation the act came into force from 1st june 2 1970 and has been amended in 1974,1980,1982,1984 and 1991. Slide 3: OBJECTIVES: To control monopolies & monopolistic trade practices an organisation having a monopoly or a product or service by controlled. Prevention of concentration of economic power in few hands only. To regulate the concentration of economic to the common depriment. Cont… : Cont… After the amendment of act in 1991,the objectives now are: Regulating unfair trade practices. Controlling monopolistic trade practices. BASIC PROVISION OF MRTP ACT : BASIC PROVISION OF MRTP ACT MRTP ACT can be divided into two major parts: 1. The expansion, establishment of new undertakings, diversifications, mergers and amalgamations of such units are subject to approval by the central government. 2. In exceptional cases, the government may ever force an industrial undertaking to divide into a number of smaller division. MONOPOLISTIC TRADE PRACTICES (SECTION 31 AND 32) : MONOPOLISTIC TRADE PRACTICES (SECTION 31 AND 32) A trade practice which has or is likely to have the effects of: RESTRICTIVE TRADE : RESTRICTIVE TRADE It is used by producers to restrict competition within a given market. UNFAIR TRADE PRACTISE : UNFAIR TRADE PRACTISE Any trade practice which adopts one or more of the following practices: MONOPOLISTIC RESTRIVE AND UNFAIR TRADE PRACTISE : MONOPOLISTIC RESTRIVE AND UNFAIR TRADE PRACTISE The industrial policy of 1991 bring drastic changes in MRTP Act The provisions were criticized very much because of their negative impact on growth & competition. EXCEPTIONS TO MRTP ACT : EXCEPTIONS TO MRTP ACT Owned or controlled by government . Undertaking of the management taken over by the government. Corporate society. Any public financial institution ENFORCEMENT MACHINERY : : ENFORCEMENT MACHINERY : ENFORCEMENT MACHINERY : (I ) The Monopolies and Restrictive Trade Practice Commission. (ii ) The Central Government and Supreme court. Slide 12: THANK YOU You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.
MRTP act parsi3960 Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 1010 Category: Education License: All Rights Reserved Like it (0) Dislike it (0) Added: October 16, 2010 This Presentation is Public Favorites: 1 Presentation Description No description available. Comments Posting comment... By: indiavisit (14 month(s) ago) nice ppt. thanks dear Saving..... Post Reply Close Saving..... Edit Comment Close Premium member Presentation Transcript MRTP ACT : MRTP ACT BIRTH AND OBJECTIVES OF ACT : BIRTH AND OBJECTIVES OF ACT The MRTP Act 1969 is an important but very controversial piece of economic legislation the act came into force from 1st june 2 1970 and has been amended in 1974,1980,1982,1984 and 1991. Slide 3: OBJECTIVES: To control monopolies & monopolistic trade practices an organisation having a monopoly or a product or service by controlled. Prevention of concentration of economic power in few hands only. To regulate the concentration of economic to the common depriment. Cont… : Cont… After the amendment of act in 1991,the objectives now are: Regulating unfair trade practices. Controlling monopolistic trade practices. BASIC PROVISION OF MRTP ACT : BASIC PROVISION OF MRTP ACT MRTP ACT can be divided into two major parts: 1. The expansion, establishment of new undertakings, diversifications, mergers and amalgamations of such units are subject to approval by the central government. 2. In exceptional cases, the government may ever force an industrial undertaking to divide into a number of smaller division. MONOPOLISTIC TRADE PRACTICES (SECTION 31 AND 32) : MONOPOLISTIC TRADE PRACTICES (SECTION 31 AND 32) A trade practice which has or is likely to have the effects of: RESTRICTIVE TRADE : RESTRICTIVE TRADE It is used by producers to restrict competition within a given market. UNFAIR TRADE PRACTISE : UNFAIR TRADE PRACTISE Any trade practice which adopts one or more of the following practices: MONOPOLISTIC RESTRIVE AND UNFAIR TRADE PRACTISE : MONOPOLISTIC RESTRIVE AND UNFAIR TRADE PRACTISE The industrial policy of 1991 bring drastic changes in MRTP Act The provisions were criticized very much because of their negative impact on growth & competition. EXCEPTIONS TO MRTP ACT : EXCEPTIONS TO MRTP ACT Owned or controlled by government . Undertaking of the management taken over by the government. Corporate society. Any public financial institution ENFORCEMENT MACHINERY : : ENFORCEMENT MACHINERY : ENFORCEMENT MACHINERY : (I ) The Monopolies and Restrictive Trade Practice Commission. (ii ) The Central Government and Supreme court. Slide 12: THANK YOU