Unfair Competition

Unfair competition refers to practices that are dishonest or deceptive in business, giving one company an improper advantage over another. This can include actions like misrepresenting products, stealing trade secrets, or creating confusion with similar branding. The aim is to protect both businesses and consumers by ensuring fair play in the marketplace. Laws against unfair competition help maintain a level playing field, encouraging innovation and trust, ultimately benefiting consumers by offering them quality choices and protecting them from misleading business practices.