Since the terms unfair and unethical are synonymous, it is not necessary to explain why something that is unfair would be unethical. That is true by definition. As for specific issues, unfair competition is typically used to drive competitors out of business, which then results in less choice for the consumer, and in the worst case scenario, higher prices in a monopolistic system. And that is not fair.
What ethical issues affecting consumer and society
Fraudulent means and dishonesty over rivals is what makes a competition unfair.
Dishonesty and the fraudulent means is what makes the competition unfair.
A. Kelly Gill has written: 'Fox on Canadian law of trade-marks and unfair competition' -- subject(s): Competition, Unfair, Trademarks, Unfair Competition
Competition is made unfair by any fraudulent or dishonesty by rivals in a given trade.
Unfair working conditions can lead to decreased employee morale, increased turnover, and health issues, ultimately impacting productivity and company reputation. Additionally, unfair pricing practices can distort market competition, harm consumers through inflated costs, and undermine ethical businesses. Together, these factors can perpetuate economic inequality and contribute to social unrest, as marginalized workers and consumers feel exploited and undervalued.
Hendrik Kaelble has written: 'Vergabeentscheidung und Verfahrensgerechtigkeit' -- subject(s): Civil rights, Competition, Unfair, Government aid, Government purchasing, Law and legislation, Social aspects, Social aspects of Unfair competition, Unfair Competition
Donald Leo McLachlan has written: 'Competition policy in the European Community' -- subject(s): Competition, Unfair, European Economic Community countries, Industries, Industry, Unfair Competition
Carlo Pasteris has written: 'La correttezza nella disciplina della concorrenza sleale' -- subject(s): Competition, Unfair, Unfair Competition
Unfair Dealing was created in 2008.
Federal Trade Commission Act
W. T. Stanbury has written: 'Business interests and the reform of Canadian competition policy, 1971-1975' -- subject(s): Business and politics, Canada, Competition, Unfair, Pressure groups, Unfair Competition