Unfair Trade Practice

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Unfair Trade Practice

Any trade practice that provides or is thought to provide an inequitable advantage to one party. For example, a country may keep its currency artificially weak so as to make its exports cheaper than the situation warrants.
References in periodicals archive ?
The seminar was aimed at stepping up compliance promotion, which helps in combating unfair trade practices in the industry.
But he said that the US plan to take measures against "allied countries," who respect world trade rules, would not be effective against unfair trade practices.
While it protects businesses from a flood of lawsuits that may hinder their operation, there have been growing calls that other entities such as civic groups should also be allowed to file a complaint with the prosecution in unfair trade cases.
The President has frequently accused other countries of putting the US at an unfair trade disadvantage.
Philippines to strengthen industry defenses vs unfair trade
The CCPA will make interventions when necessary to prevent consumer detriment arising from unfair trade practices and to initiate class action including enforcing recall, refund and return of products.
President Donald Trump to investigate supposedly unfair trade practices will "poison" relations between the two countries.
As per conservative estimates, the unfair trade protection measures imposed by EU seven years ago, caused a loss of approximately 300 million Euros to Pakistan's nascent chemical industry.
Pakistan had filed a case of unfair trade practices in March 2015, against the 28-country European Commission.
Now its manifesto identifies overcapacity, unfair trade and a lack of parity with European competitors as the key issues the industry faces.
The list of functions of the Securities and Exchange Board of India (SEBI), under the SEBI Act 1992, include "regulating the business in the stock exchanges and any other securities market" and "prohibiting fraudulent and unfair trade practices relating to the securities market".
The Senate committee on trade, commerce and entrepreneurship expects to come up with its approved version on competition policy within the year to put a stop to all unfair trade practices, which have been prevalent in most domestic sectors hindering the growth of small enterprises because of the abusive dominant players or industry bullies.