December 2020
Intermediate to advanced
857 pages
42h 3m
English
Content preview from Business Environment, 4th Edition by Pearson
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46 | Chapter 2
Similarly, provisions relating to registration under Section 26 to the MRTP Act
was deleted. Existing provisions in the MRTP Act were amended to eliminate the
requirement of prior approval for the projects and proposals for merger, amalgamation,
and takeover by MRTP companies. At the same time, the MRTP Commission was
vested with additional powers for taking more eective action in providing better
protection to consumer interests. The government considered the need for bringing
in public sector and cooperative undertakings, having monopoly practices under the
provision of the MRTP Act. However, government-controlled and owned ...
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