Unfair Competition Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Unfair Competition, written in plain English, along with examples of how it is used.

What is Unfair Competition?

(n) When business houses initiate practices with an intention to block healthy competition it is called Unfair competition. For example reducing the price far lesser than cost so that competitor could not sell his product and has to close his business. Issue false promises about the quality. Issue false propaganda for them and against competitors are treated as Unfair practices