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LSDefine

Simple English definitions for legal terms

Unfair competition

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A quick definition of Unfair competition:

Unfair competition is when a business does something wrong or sneaky that hurts another business. This can include lying about their products, stealing secrets, or tricking customers. It's against the law and can cause a lot of problems for everyone involved. Some unfair competition is against federal law, but most of it is decided by each state's rules. The government tries to stop unfair competition to protect consumers and businesses from harm.

A more thorough explanation:

Unfair competition is a type of business practice that causes harm to a company through deceptive or wrongful actions. There are two main categories of unfair competition:

  • Deceptive trade practices, which are meant to confuse consumers about the source of a product
  • All other forms of unfair competition, which are known as unfair trade practices

Examples of unfair competition include:

  • Trademark infringement, which is when someone uses a company's logo or name without permission
  • Misappropriation, which is when someone uses a person's name or likeness without permission
  • False advertising, which is when a company makes false or misleading claims about their product
  • "Bait and switch" selling tactics, which is when a company advertises a product at a low price but then tries to sell a more expensive product instead
  • Unauthorized substitution of one brand of goods for another, which is when a company replaces a product with a different one without the customer's knowledge
  • Use of confidential information by former employees to solicit customers, which is when a former employee uses their knowledge of a company's customers to start their own business
  • Theft of trade secrets, which is when someone steals a company's confidential information
  • Breach of a restrictive covenant, which is when someone violates a contract that restricts their ability to compete with a company
  • Trade libel, which is when someone makes false statements about a company's product or service

The law of unfair competition is mainly governed by state common law, but federal law may apply in certain situations. The Federal Trade Commission (FTC) was established to protect consumers from deceptive trade practices, which indirectly protects competitors as well. Some states have enacted legislation dealing with specific types of unfair competition.

These examples illustrate how unfair competition can harm a company's reputation, sales, and customer base. It is important for businesses to protect themselves from unfair competition and for consumers to be aware of deceptive practices.

Unenforceable | Unfair Labor Practices (ULPs)

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CheeseIsMyLoveLanguage
17:44
@SplittingNotQuitting: If you click on the name, you'll likely notice that they are updating their profile with decisions received on multiple different days.
CheeseIsMyLoveLanguage
17:45
@SplittingNotQuitting: Everything on here is self-reported, so we have to count on each other to be accurate and update for us to use the data points effectively
Ah, I understand. I was under the impression it was interfaced with the automatic status updater. Thanks.
CheeseIsMyLoveLanguage
17:47
@SplittingNotQuitting: I actually haven't seen anyone on here say that the automatic status updater works. Just lots of questions from individual users as to why they can't get their updater do work 🙃
CheeseIsMyLoveLanguage
17:48
**to work
Haha. I was wondering how legit it was. I'll just continue to watch my LSAC status tracker and email like a hawk.
CheeseIsMyLoveLanguage
17:51
I am half expecting a restraining order from my status tracker. I feel dangerously close to reaching stalker status 😳
W&M sent an apology letter for not having my decision on time. I appreciate the thought but I also was preparing myself for the worst
CheeseIsMyLoveLanguage
19:20
@UnderRepresentedTryhard: Did they send you an answer with their apology?!?
20:48
should i withdraw my applications when i decide where im going is that a part of the process or is it not needed
eggan
20:51
it would b considerate to the schools and to the people still waiting for decisions yes
eggan
20:52
anyone on hold, their fate depends on how many people withdraw before the deposit deadline
20:52
interesting ok i’ll do that thank u eggan
DastardlyDaniel
21:12
Anybody know the best place to find admitted students group chats?
GWU status checker says decision made but no email bruh
@CheeseIsMyLoveLanguage: No. If you mean “answer” as in being accepted/denied, no
Check portal
22:46
Is a $30k total difference in COA between two similarly ranked schools too much? Even if the most expensive one has a niche concentration I want to pursue?
uhhh if you're rolling in dough (hundreds of millions to billions) sure...but if you're taking out a loan, don't do it. You can pursue what your niche falls under and their may be a course that teaches that niche. check courses if they're available tho
wrong there. i deserve death penalty
Guys i want to apply to colleges but ALL of them have a 4.0 scale and my school has a 6.0 (my GPA is 5.4- average)
Niche concentrations are basically just marketing
Don't make a $30,000 decision based on that
pinkandblue
9:12
@Heavenly-Eclipse888: okay whats your point
pinkandblue
9:12
mine also was like this
eggan
9:20
ur applying to law schools? yeah LSAC converts the GPAs for you
9:48
hello?
DefinitelyRobbingBanks
9:48
No
hello
9:49
oh my god this is my first time using this, what exactly is this? I kinda stumbled upon here while looking up stuff for law school
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