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MONOPOLIES AND RESTRICTIVE TRADE PRACTICES (CONTROL AND PREVENTION) ORDINANCE, 1970 ORDINANCE NO. V OF 1970(26th February 1970) (As amended unto 30th June 1983) AN ORDINANCE to provide for measures
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Monopolies and restrictive trade refer to unfair business practices where a single company or a group of companies dominate a market and restrict competition.
Companies that engage in monopolistic or anti-competitive behavior are required to file monopolies and restrictive trade reports.
Monopolies and restrictive trade reports usually require detailed information about the company's market share, pricing strategies, and any agreements that limit competition.
The purpose of monitoring monopolies and restrictive trade is to ensure that markets remain competitive and consumers are not harmed by monopolistic practices.
Information such as market share percentages, pricing strategies, exclusive agreements, and any anti-competitive behavior must be reported on monopolies and restrictive trade forms.
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