Restrictive Trade Practices Act, 1953

SECOND SCHEDULE.

Unfair Trade Practices.

Section 3.

Any measures, rules, agreements or acts whether put into effect or intended to be put into effect by a person alone or in combination or agreement, express or implied, with others or through a merger, trust, cartel, monopoly or other means or device whatsoever which—

(a) have or are likely to have the effect of unreasonably limiting or restraining free and fair competition, or

(b) are in unreasonable restraint of trade, or

(c) have or are likely to have the effect of unjustly eliminating a trade competitor, or

(d) unjustly enhance the price of goods or promote unfairly the advantage of suppliers or distributors of goods at the expense of the public, or

(e) secure or are likely to secure a substantial or complete control of the supply or distribution of goods or any class of goods unfairly or contrary to the public interest, or

(f) without just cause prohibit or restrict the supply of goods to any person or class of persons or give preference in regard to the provision of, or the placing of orders for the supply of, goods, or

(g) restrict or are likely to restrict unjustly the exercise by any person of his freedom of choice as to what goods he will supply or distribute or the area in which he will supply or distribute his goods, or

(h) impose unjust or unreasonable conditions in regard to the supply or distribution of goods, or

(i) exclude or are likely to exclude without good reason new entrants to any trade or industry, or

(j) secure or are likely to secure unjustly the territorial division of markets between particular persons or classes of persons to the exclusion of others, or

(k) in any other respect operate against the public interest or are not in accordance with the principles of social justice.