Are there any special rules for unfair competition in certain industries?

Yes, some industries are subject to specialized unfair competition rules in North Carolina. For example, the North Carolina Antitrust Act prohibits certain unfair competition practices in the motor vehicle industry. This act forbids any dealer from offering a lower price than competitors, unless that dealer is willing to sell at a discount rate to all purchasers. It also forbids certain practices related to advertising or inducing consumers to purchase motor vehicles from certain dealers. Additionally, the North Carolina Unfair and Deceptive Trade Practices Act applies to many industries, and it prohibits deceptive or unfair trade practices, such as false statements or deceptive advertising. Another example of specialized unfair competition rules in North Carolina is found in the North Carolina Housing Finance Act. This act regulates certain kinds of contract practices and marketing strategies that are used in the homebuilding industry. Specifically, the Act requires home-builders to register with the North Carolina Department of Insurance in order to engage in certain kinds of activities, such as marketing and advertising. Additionally, the Act prohibits false or deceptive advertising or statements related to homebuilding, and it requires homebuilders to disclose certain information related to pricing and services in order to protect customers from unfair competition. Overall, North Carolina has enacted several specialized laws related to unfair competition in various industries. These laws exist to protect consumers from unfair or deceptive practices, and they ensure that businesses engage in fair and honest competition.

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