Are there federal statutes that specifically address unfair competition?
Yes, there are federal statutes that specifically address unfair competition. The Federal Trade Commission Act (FTCA) prohibits “unfair methods of competition” and “unfair or deceptive acts or practices in or affecting commerce.” This Act is enforced by the Federal Trade Commission (FTC). The antitrust laws, which are found in Title 15 of the United States Code, prohibit certain types of business behavior, including monopolizing markets, controlling markets, and colluding with competitors to fix prices. These laws are enforced by both the FTC and the Department of Justice. Additionally, the Lanham Act, which is found in Title 15 of the United States Code, prohibits false advertising and provides protection to businesses and consumers from deceptive or misleading statements. This Act is enforced by both the FTC and private parties. In Arizona, the Deceptive Practices Act, found in Section 44-1522 of the Arizona Revised Statutes, prohibits deceptive or fraudulent business practices. This act, which is enforced by the Arizona Attorney General’s Office, is similar to the FTCA in that it prohibits deceptive acts or practices and unfair methods of competition. The Consumer Fraud Act, found in Section 44-1521 of the Arizona Revised Statutes, also prohibits unfair or deceptive acts or practices and provides remedies for those who have been wronged by such practices. Additionally, Arizona’s common law has developed a body of case law addressing unfair competition; these cases are often cited and relied upon by the Arizona courts.
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