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Unfair Trade Practices

UNFAIR trade practices involve a set of activities that involve one economic actor taking actions that are not consistent with the conditions of free market trade, thus obtaining or hoping to obtain an advantage over competitors. Unfair trade practices are related to but separate from both predatory practices, which involves the exploitation of weaker parties with partial access to information and marketing fraud, which involves making false promises about goods and services. However, there are considerable areas of overlap between the different sets of activities.

Unfair trade practices may be divided into the micro level, which concerns the activities of individual firms, and the macro level, which concerns activities at the industry or state level. In both cases, awareness of unfair trade practices and pressure applied ...

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