Trade practice, means any practice relating to the carrying on of any trade, and includes:
(i) anything done by any person which controls or affects the price charged by, or the method of trading of, any trader or any class of traders,
(ii) a single or isolated action of any person in relation to any trade. [Monopolies and restrictive Trade Practices Act, 1969 (54 of 1969), s. 2(u)]
S. 2 of MRTP Act, 1969 is the definition s. and clause (ii) of this s. defines 'trade practice' to mean any practice relating to the carrying on of any trade, and includes (i) anything done by any person which controls or affects the price charged by, or the method of trading of, any trader or any class of traders, (ii) a single or isolated action of any person in relation to any trade, Mahindra and Mahindra Ltd. v. Union of India, AIR 1979 SC 798: (1979) 2 SCC 529: (1979) 2 SCR 1038.
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