What is another word for unfair competition?

Pronunciation: [ʌnfˈe͡ə kˌɒmpətˈɪʃən] (IPA)

Unfair competition refers to the practice where businesses engage in unethical or dishonest methods to gain an advantage over their rivals. When seeking alternative terms for this concept, several synonyms come to mind. First, "unethical competition" highlights the immorality and lack of principles behind these practices. "Unjust competition" emphasizes the absence of fairness and equality. "Anti-competitive behavior" focuses on actions that hinder fair market competition. Additionally, "unscrupulous competition" emphasizes the absence of moral integrity. Lastly, "illegitimate competition" underscores the unlawfulness and dishonesty involved. All these synonyms shed light on the harmful nature of unfair competition, exposing the need for transparency and ethical practices in the business world.

What are the opposite words for unfair competition?

Fair competition is the opposite of unfair competition. It refers to a business environment where companies compete on an equal footing, without any kind of unethical, illegal, or deceitful practices that give one firm an unfair advantage over the others. Fair competition ensures that businesses focus on producing quality goods and services at competitive prices, in a transparent and ethical manner. This way, consumers benefit from a wider range of products to choose from, better quality, and more reasonable prices. Fair competition is in the best interest of society as it promotes innovation, efficiency, and economic growth, without sacrificing ethical standards.

What are the antonyms for Unfair competition?

Famous quotes with Unfair competition

  • It's hard to create humor because of the unfair competition from the real world.
    Peter's Almanac
  • The average American citizen should have presented to him in a simple and easily comprehended form the truth about the business affairs that affect his daily life as consumer, employee, employer, as investor, as voter. […] There are concrete instances of unfair competition that can be reached under the Federal criminal legislation, and they should be attacked and destroyed in the courts. But the laws should be such that normally, and save in extraordinary, circumstances, there should be no need of recourse to the courts. What is needed is administrative supervision and control. This should be so exercised that the highways of commerce and opportunity should be open to all; and not nominally open, but really open, a consistent effort being made to deprive every man of any advantage that is not due to his own superiority and efficiency, controlled by moral purpose. […] Not only as a matter of justice and honesty, but as a matter of prime popular interest, we should see that this control is so exercised as to favor a proper return to the upright business manager and honest investor.
    Theodore Roosevelt

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