The term "Unfair Trade Practice" does not
have a universal standard definition. However, the term Unfair
Trade Practice broadly refers to any fraudulent, deceptive or
dishonest trade practice; or business misrepresentation of the
products or services that are being sold; which is prohibited by a
statute or has been recognised as actionable under law by a
judgement of the court. However, the Indian statute dealing with
the term is Consumer Protection Act, 1986.
General unfair trade practices may include unfairly refusing a
transaction, discriminating against a transacting party, unfairly
excluding competitors, unfairly soliciting customers, unfairly
coercing customers, trading with a transacting party by unfairly
taking advantage of one's bargaining position, trading under
terms and conditions which unfairly restrict business activities of
a transacting party, disrupting business activities of another
enterprise, and unfair provision of capital, assets, manpower,
