What is the definition of “unfair trade practices”?

Unfair trade practices are any activities used by businesses to gain an unfair advantage over their competitors. In the state of Washington, this includes activities such as false advertising, price discrimination, bait-and-switch tactics, and excessive discounts. False advertising involves making false or misleading claims about a product or service in order to make it appear more desirable to consumers than it actually is. Price discrimination involves selling the same product or service to different customers at different prices. Bait-and-switch tactics involve selling an advertised product or service and then substituting it with something else when the customer arrives at the store. Last, excessive discounts involve offering discounts to certain customers without disclosing the same discount to all potential customers. All of these activities are prohibited in Washington as they are considered deceptive and in violation of anti-competition laws. Anti-competition laws exist to protect the public from businesses that attempt to unfairly compete with or disadvantage their rivals. By ensuring fair competition in the marketplace, these laws help promote healthy competition and keep businesses honest when it comes to marketing and pricing their products or services.

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What is the definition of “unfair trade practices”?

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