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Unfair business practices (also Unfair Commercial Practices) describes a set of practices by businesses which are considered unfair, and which may be unlawful. It includes practices which are covered by other areas of law, such as fraud , misrepresentation , and oppressive or unconscionable contract terms.
The Wheeler–Lea Act of 1938 is a United States federal law that amended Section 5 of the Federal Trade Commission Act to proscribe "unfair or deceptive acts or practices" as well as "unfair methods of competition." [1] It provided civil penalties for violations of Section 5 orders. [1]
Bank of America has been slapped with $225 million in penalties by federal authorities for “unfair and deceptive practices” related to customers’ unemployment benefits programs.
The unfairness doctrine is a doctrine in United States trade regulation law under which the Federal Trade Commission (FTC) can declare a business practice "unfair" because it is oppressive or harmful to consumers even though the practice is not an antitrust violation, an incipient antitrust violation, a violation of the "spirit" of the antitrust laws, or a deceptive practice.
(Reuters) -Livestock farmers in the U.S. would have a clearer path to bringing antitrust complaints against meatpacking companies for unfair business practices under a rule proposed by the U.S ...
Judge certifies Wal-Mart class action - U.S. business- nbcnews.com; The Coalition For Change, Inc. (C4C) (Listing of racial discrimination class actions in the Federal government) Wal-Mart will pay $40m to workers - The Boston Globe (December 3, 2009) Mississippi's first class-action lawsuit filed over oil spill - Oil Spill - SunHerald.com (30 ...
Boeing said late on Thursday it filed an unfair labor practice charge with the National Labor Relations Board against the union that represents about 33,000 striking U.S. West Coast factory workers.
The FTC Act prohibits unfair methods of competition, unfair or deceptive acts or practices in or affecting commerce. [9] The Commission is empowered to enforce the act's provisions against all persons, partnerships or corporations, with several exceptions, including banks, savings and loans institutions, federal credit unions—each as ...