Unfair commercial practice
Query URLs
https://term.museum-digital.de/md-de/tag/19385
- Note
- Many business or trade practices involved in dealings between companies and other businesses or consumers may be considered fair and legal. Unfair business practices encompass fraud, misrepresentation, and oppressive or unconscionable acts or practices by business, often against consumers, and are prohibited by law in many countries. In the European Union, each member state must regulate unfair business practices in accordance with the Unfair Commercial Practices Directive, subject to transitional periods.
In the United States, the Federal Trade Commission´s Bureau of Consumer Protection works to prevent unfair business practices by "collecting reports from consumers and conducting investigations, suing companies and people that break the law, developing rules to maintain a fair marketplace, and educating consumers and businesses about their responsibilities". Individual states within the U.S. are also responsible for protecting consumers against unfair practices.
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