Unfair Competition Definition

Misrepresent-ing the reputation, name, or good will of a company or person as that of another; untrue or misleading advertising that causes a consumer to be misled; unethical business practices. Unfair competition is a tort and a fraud, for which legal remedy and redress may be sought.
Webster's New World Law

(law) In commercial law, any of various distinct areas of law which may give rise to criminal offenses and civil causes of action, usually including antitrust violations such as restraint of trade and predatory pricing, trademark infringement, passing off or palming off, and misappropriation of trade secrets.


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