Answer:
Restrictive trade practices refer to any agreement or practice that restricts or hinders competition in the market. This can include price fixing, market sharing, and exclusive dealing. The Competition Act prohibits such practices, as they can harm consumers and other businesses by limiting choice and raising prices. With respect to discrimination in selling goods, restrictive trade practices can also include refusing to sell to certain customers or groups, or imposing unfair conditions on certain customers. The Act aims to promote fair competition and protect consumers from anti-competitive practices.