How Do I Know If a Business Committed an Unfair or Deceptive Trade Practice?
North Carolina Law makes it illegal for businesses to engage in unfair or deceptive practices. This generally means that they lied, misled, or manipulated their way into economic advantage at the expense of another party. An afflicted party can seek recourse in the civil courts, but it’s not always easy to know when a business has committed an “unfair” or “deceptive” act. A business acts “unfairly” when it intentionally suppresses competition. Forming monopolies, conspiring or forming cartels with other businesses to fix prices, filing frivolous bad faith lawsuits, and even selling gasoline for below cost have all been held[...]