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The Monopolies and Restrictive Trade Practices (MRTP) Act, enacted in India in 1969, aimed to prevent monopolistic and restrictive trade practices that could harm competition and consumer interests. Key features include the regulation of monopolies, the prohibition of unfair trade practices, and the establishment of the MRTP Commission to investigate and adjudicate cases. The Act sought to promote fair competition and protect consumer welfare, although it was eventually replaced by the Competition Act of 2002, which further strengthened the regulatory framework.

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