Economics · Economy
What was the main objective of introducing the Monopolies and Restrictive Trade Practices (MRTP) Act, 1969?
- 1To prevent the concentration of economic power to the common detriment✓
- 2To promote private sector monopolies in core sectors
- 3To encourage public-sector disinvestment procedures
- 4To liberalize Foreign Direct Investment (FDI) limits
Correct answer
To prevent the concentration of economic power to the common detriment
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