unfair business practices

Unfair business practices refer to actions by businesses that deceive or harm consumers, competitors, or the market. This includes false advertising, predatory pricing, misleading promotions, and exploitative contracts. Such practices undermine fair competition and can lead to consumer distrust. Laws seek to protect individuals and businesses from these tactics, ensuring that the marketplace operates transparently and fairly. When businesses engage in unfair practices, they not only violate ethical standards but may also face legal consequences, designed to promote a level playing field for all market participants.