What is a deceptive trade practice?

A deceptive trade practice is a type of unfair competition that occurs when a business uses false information or deceptive tactics in order to gain an advantage over other businesses in the same industry. In Tennessee, deceptive trade practices are regulated by the Tennessee Deceptive Trade Practices Act. The act defines deceptive trade practices as including false advertising, misrepresenting or omitting important information about products or services, and using unfair or coercive business tactics. For example, businesses may engage in false advertising by making false or exaggerated claims about their products. Misrepresenting or omitting important information about products or services may include not listing key ingredients or not disclosing safety hazards. Businesses may also use unfair or coercive tactics to persuade customers to purchase their products or services, such as using high-pressure sales tactics. Generally, businesses must not engage in deceptive trade practices, as it can be detrimental to the public and other businesses in the industry. Violations of the Tennessee Deceptive Trade Practices Act will result in civil penalties. In some cases, businesses may also be subject to criminal liability.

Related FAQs

What are the defenses to a claim of unfair competition?
What is the doctrine of unjust enrichment?
How does the Lanham Act protect against trademark infringement?
Are there any special rules for protecting trade secrets?
Are there any special rules for domain name disputes?
What is the difference between unfair competition and antitrust law?
Is trademark infringement a form of unfair competition?
What is the purpose of the Lanham Act?
Is cybersquatting a form of unfair competition?
How does the Digital Millennium Copyright Act (DMCA) protect against unfair competition online?

Related Blog Posts

What Is Unfair Competition Law and How Can It Protect Your Business? - July 31, 2023
Understanding Unfair Competition Law: What You Need to Know - August 7, 2023
Unfair Competition Law: Key Concepts and Terminology - August 14, 2023
The Basics of Unfair Competition Law for Business Owners - August 21, 2023
How to Recognize and Respond to Unfair Competition Practices - August 28, 2023