unfair competition
dubious way of gaining competitive advantage the practice of trying to do better than another company by using underhand techniques such as importing foreign goods at very low prices or wrongly criticizing a competitor's products
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dubious way of gaining competitive advantage the practice of trying to do better than another company by using underhand techniques such as importing foreign goods at very low prices or wrongly criticizing a competitor's products
This checklist outlines the main objectives of competition laws and looks at the chief financial implications of some recent reforms.
If the unit sells its respective products in markets that differ widely, with respect to product development, competition, and customer demand, lack of agreement on the optimum rate of return might discourage managers who believe the rate is set at an unfair level.
By Zahirul Hoque
Definitions of ’unfair competition’ and meaning of ’unfair competition’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’unfair competition’ and other financial terms with our online QFINANCE Financial Dictionary.