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Unfair competition, practices, declared unlawful. Unfair methods of competition and unfair or deceptive acts or practices in the conduct of any trade or commerce are hereby declared unlawful. 1961 c 216 s 2.
The Consumer Protection Act, 1986 was enacted to provide a simpler and quicker access to redressal of consumer grievances. The Act for the first time introduced the concept of 'consumer' and conferred express additional rights on him.
The Washington State Consumer Protection Act, also known as the Consumer Protection Act (CPA), is a state law that aims to protect consumers from unfair or deceptive business practices. The law gives the state Attorney General's office the authority to take legal action against businesses that engage in such practices.
The WPA will grant consumers various rights regarding their personal data, including the right to access, portability, correction, deletion, and to restrict or object to the processing of their data in certain circumstances.
Individual violators can be fined up to $1 million and sentenced to up to 10 years in federal prison for each offense, and corporations can be fined up to $100 million for each offense. Under some circumstances, the maximum fines can go even higher than the Sherman Act maximums to twice the gain or loss involved.
Washington State's Unfair Business Practices Act, commonly referred to as the Consumer Protection Act, or “CPA”, provides powerful protections and remedies for consumers who have been harmed by a business's deceptive acts or practices.
Consumer protection laws safeguard purchasers of goods and services against defective products and deceptive, fraudulent business practices.
Named Acts of Unfair Competition These are actions specifically defined in the Law, such as: -product imitation, -service imitation, -bribery, -hindering access to the market -unfair advertising.
Unfair competition is conduct by a market participant which gains or seeks to gain an advantage over its rivals through misleading, deceptive, dishonest, fraudulent, coercive or unconscionable conduct in trade or commerce.