RAYMOND WOOLLEN MILLS LTD. vs MONOPOLIES & RESTRICTIVE T.P.C.

The Supreme Court upheld the cease and desist order of the M.R.T.P. Commission against the appellant for indulging in restrictive trade practices under Section 33(1)(f) of the Monopolies and Restrictive Trade Practices Act, 1969. The Court clarified that the price lists issued by the appellant did not indicate that lower prices could be charged, thereby constituting re-sale price maintenance. The Court emphasized that the definition of restrictive trade practice under Section 2(o) is pragmatic and focuses on the impact on competition, affirming the Commission's findings.