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Case held that the FTC is entitled to bring enforcement action against businesses that act unfairly, as where supermarket trading stamps company injured consumers by prohibiting them from exchanging trading stamps. The FTC could prevent the restrictive practice as unfair, even though there was no specific antitrust violation.
These practices include mergers, cartels, collusions, price-fixing, price discrimination and predatory pricing. On the other hand, the second category is vertical restraint which implements restraints against competitors due to anti-competitive practice between firms at different levels of the supply chain e.g. supplier-distributor ...
The Restrictive Trade Practices Act 1956 (4 & 5 Eliz. 2. c. 68) was an act of the Parliament of the United Kingdom intended to enforce competition, and provide an appropriate check on restrictive combines and practices. It required that any agreement between companies that restricted trading should be placed on a public register unless granted ...
Legislation in England to control monopolies and restrictive practices were in force well before the Norman Conquest. [1] The Domesday Book recorded that "foresteel" (i.e. forestalling, the practice of buying up goods before they reach market and then inflating the prices) was one of three forfeitures that King Edward the Confessor could carry out through England. [2]
The history of competition law in India dates back to the 1960s when the first competition law, namely the Monopolies and Restrictive Trade Practices Act (MRTP) was enacted in 1969. But after the economic reforms in 1991, this legislation was found to be obsolete in many aspects and as a result, a new competition law in the form of the ...
The Monopolies and Restrictive Practices Commission was set up on 1 January 1949, in response to the recommendations of several committees of inquiry into restrictive commercial activity. It was established under the Monopolies and Restrictive Practices (Inquiry and Control) Act 1948 .
This is a complete list of acts of the Parliament of the United Kingdom for the year 1956. ... Restrictive Trade Practices Act 1956. 4 & 5 Eliz. 2. c. 68.
An Act to exclude the application of the Restrictive Trade Practices Act 1976 [a] in relation to certain agreements; and for connected purposes. (Repealed by Competition Act 1998 (Transitional, Consequential and Supplemental Provisions) Order 2000 (SI 2000/311))