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Unfair Trade Practices In Competition Law In Montgomery
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State:
Multi-State
County:
Montgomery
Control #:
US-000289
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FAQ
Unfair competition protects against fraudulent, deceptive or dishonest practices that are prohibited by statute or common law. This includes actions for infringement of patents, trademarks, copyrights, and trade secrets, among others.
The phrase unfair trade practices can be defined as any business practice or act that is deceptive, fraudulent, or causes injury to a consumer. These practices can include acts that are deemed unlawful, such as those that violate a consumer protection law.
Common Examples of Unfair Competition False advertising. “ Bait and switch ” selling tactics. Unauthorized substitution of one brand of goods for another. Use of confidential information by former employee to solicit customers.
The Unfair Trade Practices & Consumer Protection Law (UTPCPL) is a Pennsylvania statute that prohibits “unfair methods of competition” and “unfair or deceptive acts or practices.” The UTPCPL, along with its implementing regulations, are geared toward companies in the consumer product and service industries.
The term “unfair trade practice” describes the use of deceptive, fraudulent, or unethical methods to gain business advantage or to cause injury to a consumer. Unfair trade practices are considered unlawful under the Consumer Protection Act.
Right to Seek Redressal: If a consumer faces an unfair trade practice, they have the right to seek compensation, a refund, or a replacement from the service provider or seller.
The Unfair Trade Practices & Consumer Protection Law (UTPCPL) is a Pennsylvania statute that prohibits “unfair methods of competition” and “unfair or deceptive acts or practices.” The UTPCPL, along with its implementing regulations, are geared toward companies in the consumer product and service industries.