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Unfair Trade Practices

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Unfair Trade Practices
* INDEX: UNFAIR TRADE PRACTICES DESTROY BUSINESS
• PROLOGUE
• DEFINITION OF UNFAIR TRADE PRACTICE
1. FALSE REPRESENTATION
2. FALSE OFFER OF BARGAIN PRICE
3. FREE GIFTS OFFER AND PRIZE SCHEMES
4. NON-COMPLIANCE OF PRESCRIBED STANDARDS
5. HOARDING, DESTRUCTION, ETC.
6. INQUIRY INTO UNFAIR TRADE PRACTICES
• RELIEF AVAILABLE
• MONOPOLISTIC TRADE PRACTICES
• INQUIRY INTO MONOPOLISTIC TRADE PRACTICES
• RELIEF AVAILABLE
• POWERS OF THE COMMISSION
• REMEDIES UNDER THE ACT
• COMPENSATION
a. Vertical Integration
b. Horizontal Integration
b. Territorial Restrictions
d. Max Retail Pricing
e. Market Survey
f. Price Fixation (Cartel Formation)
g. Tying Arrangements
h. Requirement Contracts
i. Collective Market Sharing j. Advertisements
k. Trade Tariffs
• LAWS TO RESTRICT UNFAIR TRADE PRACTICES
• CHAPTER I .PRELIMINARY 19 Short title and commencement
• CHAPTER II. PROHIBITION OF FRAUDULENT AND UNFAIR TRADE PRACTICES RELATING TO THE SECURITIES MARKET Prohibition of manipulative, fraudulent and unfair trade practices.
• CHAPTER III . INVESTIGATION
• Powers of Investigating Authority
• Enforcement by the Board
• Repeal and savings
• Are unfair trade practices only relevant to consumers?
• CONCLUSION
• BIBLIOGRAPHY

UNFAIR TRADE PRACTICES DESTROY BUSINESS. * PROLOGUE
In the new corporate and business world today where there is cut throat competition the business persons daringly use unfair trade practices to edge over the other. This may give them advantage for short term but in long run it affects the organization and eventually the entire industry. There is always been confusion regarding the correct definition for unfair and restrictive trade practices, also the about which practices to be considered as unfair. Let us first define the term and the practices to be included. * DEFINITION OF UNFAIR TRADE PRACTICE.
:: In insurance, fraudulent or unethical practice that is illegal under state law. States may fine or revoke the



Bibliography: 1) Dealing with Unfair Trade Practices Carl Buik Addis Ababa 2) CHAPTER – IV THE MONOPOLIES AND RESTRICTIVE TRADE PRACTICES ACT, 1969 : 3) business standard.

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