Unfair Trade Practice


Unfair Trade Practice
Using various deceptive, fraudulent or unethical methods to obtain business. Unfair trade practices include misrepresentation, false advertising, tied selling and other acts that are declared unlawful by statute. It can also be referred to as deceptive trade practices.

Most state unfair trade practices statutes were originally enacted between the 1960s and 1970s. Since then, many states have adopted these laws to prevent unfair trade practices. Consumers that have been victimized should contact the unfair trade practice statute in their state to determine whether they have a cause of action.


Investment dictionary. . 2012.

Look at other dictionaries:

  • unfair trade practice — n: any of various deceptive, fraudulent, or otherwise injurious (as to a consumer) practices or acts that are declared unlawful by statute (as a consumer protection act) or recognized as actionable at common law Merriam Webster’s Dictionary of… …   Law dictionary

  • unfair trade practice — noun : a trade practice declared by a federal trade commission to be an unfair method of competition pursuant to power given it by a legislative act designed to curb dishonesty, misrepresentation, and unethical and monopolistic business practices …   Useful english dictionary

  • unfair trade practice — See unfair competition …   Ballentine's law dictionary

  • unfair method of competition — unfair trade practice …   Useful english dictionary

  • unfair competition — un·fair com·pe·ti·tion n: the common law tort of passing off one s goods as another s; broadly: any of various torts (as disparagement) that interfere with the business prospects of a competitor or injure consumers Merriam Webster’s Dictionary of …   Law dictionary

  • trade — 1 n 1 a: the business or work in which one engages regularly b: an occupation requiring manual or mechanical skill c: the persons engaged in an occupation 2: the business of buying and selling or bartering commodities 3: an act or instance of… …   Law dictionary

  • unfair competition — A term which may be applied generally to all dishonest or fraudulent rivalry in trade and commerce, but is particularly applied to the practice of endeavoring to substitute one s own goods or products in the markets for those of another, having… …   Black's law dictionary

  • unfair practice — noun 1. : a trade practice with respect to the public or a competitor that is forbidden by statute and that is therefore subject to control by a federal trade commission 2. : unfair competition * * * 1. See unfair competition. 2. any practice in… …   Useful english dictionary

  • trade — {{Roman}}I.{{/Roman}} noun 1 buying/selling of goods/services ADJECTIVE ▪ booming, brisk, burgeoning, expanding, flourishing, lively, roaring, thriving ▪ …   Collocations dictionary

  • practice — [ præktɪs] group local medical nursing private practice professional practice unethical unfair universal practice unscrupulous practices usual i …   Combinatory dictionary


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