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unfair competition definition

wrongful and/or fraudulent business methods to gain an unfair advantage over competitors, including a) untrue or misleading advertising, b) misleading customers by imitative trademark, name or package, c) falsely disparaging another's product. Although state laws vary, unfair competition is the basis for a legal action (suit) for damages and/or an injunction to halt the deceptive practices against an unfair competitor if the practices tend to harm one's business.
 
 
 
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