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unfair competition
noun
- acts done by a seller to confuse or deceive the public with intent to acquire a larger portion of the market, as by cutting prices below cost, misleading advertising, selling a spurious product under a false identity, etc.
- the use of any such methods.
Example Sentences
Last month, California prosecutors reached a $3,962,500 settlement with Albertsons Companies, Inc. — and its subsidiaries Safeway and Vons — to resolve allegations that the companies engaged in “false advertising and unfair competition.”
“It’s kind of absurd to characterize the situation as unfair competition,” a hemp industry lobbyist previously told me.
It is likely that Trump would indeed enact high tariffs in a second term, and that he would try to justify them by claiming there is unfair competition from abroad and that he is protecting U.S. industries, Morlacco said.
Despite that, many countries are pushing back against the import of Chinese EVs because they see them as unfair competition for domestic carmakers.
The measures are designed to protect local producers from unfair competition.
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