Question
Restrictive Trade Practice means?
Solution
A restrictive trade practice means a trade practice which tends to bring about manipulation of price or conditions of delivery or to affect flow of supplies in the market realting to goods or services in such a manner as to impose on the consumer unjustified costs or restrictions and shall include- (a) delay beyond the period agreed to by a trader in supply of such goods or in providing the services which has led or is likely to lead to rise in the price. (b) any trade practice which requires a consumer to buy, hire or avail of any goods or, as the case may be, services as condition precedent to buying hiring or availing of other goods or services. Restrictive Trade practice definition – same topic question in SEBI Legal 2020 memory based paper
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