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THE MONOPOLIES AND RESTRICTIVE TRADE PRACTICES (CONTROL AND PREVENTION) ORDINANCE, 1970

(ORDINANCE NO. V OF 1970).
  Part No : Chapter No : Section No: [ 26th February, 1970  
  
 
এই আইন প্রতিযোগিতা আইন, ২০১২ (২০১২ সনের ২৩নং আইন) দ্বারা রহিত করা হইয়াছে।
     An Ordinance to provide for measures against undue concentration of economic power, growth of unreasonable monopoly power and unreasonably restrictive trade practices. 1
 
    WHEREAS the undue concentration of economic power, growth of unreasonable monopoly power and unreasonably restrictive trade practices are injurious to the economic wellbeing, growth and development of Bangladesh;



AND WHEREAS it is expedient to provide for measures against such concentration, growth and practices and for matters connected therewith or incidental thereto;



AND WHEREAS the national interest of Pakistan in relation to the economic and financial stability of Pakistan requires Central legislation in the matter;



NOW, THEREFORE, in pursuance of the Proclamation of the 25th day of March, 1969, read with the Provisional Constitution Order, and in exercise of all powers enabling him in that behalf, the President is pleased to make and promulgate the following Ordinance:-
 
CONTENTS
 
SECTIONS
 
CHAPTER I
PRELIMINARY
1. Short title, extent and commencement
2. Definitions
CHAPTER II
UNDUE CONCENTRATION OF ECONOMIC POWER, ETC., PROHIBITED
3. Undue concentration of economic power, etc., prohibited
4. Circumstances constituting undue concentration of economic power
5. Circumstances constituting unreasonable monopoly power
6. Unreasonably restrictive trade practices
7. Other circumstances constituting concentration of economic power, etc.
CHAPTER III
MONOPOLY CONTROL AUTHORITY
8. Constitution of Authority
9. Appointment of officers by the Authority
CHAPTER IV
FUNCTIONS AND POWERS OF THE AUTHORITY
10. Functions of the Authority
11. Proceedings in case of contravention of section 3
12. Orders of the Authority
13. Power to issue interim order
14. Special enquiry
15. Powers of the Authority in relation to a proceeding or enquiry
CHAPTER V
REGISTRATION
16. Registration
17. Registers to be kept
18. Cancellation of registration
CHAPTER VI
PENALTIES AND APPEALS
19. Penalty
20.Appeal to the [High Court Division]
21. Power to call for information relating to undertakings
22. Compensation not payable
23. Indemnity
24. Power to make rules
25. Ordinance not to apply to certain undertakings
 
 

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