Essay On Unfair Competition

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Unfair competition
Unfair competition is present in all industries and it happens around us daily, mostly because of lack of attention to details.
Unfair competition is “A branch of intellectual property law, unfair competition is a term applied to all dishonest or fraudulent rivalry in trade and commerce. This term is particularly applied to the practice of endeavoring to substitute one’s own goods or products in the market for those of another for the purpose of deceiving the public.
This deception is commonly accomplished by imitating or counterfeiting the name title, size, color scheme, patterns, shape or distinctive peculiarities of the article, or by imitating the shape color, label, wrapper or general appearance of the package in such a way as to mislead the general public or deceive an unwary purchaser.
Acts of unfair competition are generally characterized by deception, bad faith, fraud or oppression, or as against public policy because of their tendency to unduly hinder competition. Unfair competition laws have been established to protect consumers and businesses and help prevent illegal merchandizing.” Kane, S. (n.d)
This unfair competition affects the construction industry also in various ways from government contracts to private contracts. Contractors find various ways to put themselves in a better position to win a tender. In May, 2013 an article retrieved from a California Superior Court judge has ruled that a lawsuit against Chicago Bridge & Iron Company (CB&I) will proceed to trial in September 2013. Filed in Los Angeles County, the complaint alleges that CB&I developed a scheme to land lucrative business by “creating a materially false impression of its safety record” in an attempt to prevail over competing co...

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...r document, the services of a desired engineer which will be paid in accordance with the contract. Being certified is of utmost importance especially in government works and contracts because at the basis of the funds which are used are either generated from loans or from the taxes which the members of the community pay over from their salaries.
Reference: Kane, S. (n.d) Unfair Competition. Legalcareers.about.com. Retrieved March 24, 2014, from http://legalcareers.about.com/od/glossary/g/Unfaircompetition.htm http://www.forconstructionpros.com/news/10940658/construction-company-goes-to-trial-for-unfair-competition-allegations Public Private Partnership Pros and Cons
Juan Rodriguez http://construction.about.com/od/Government/a/Public-Private-Partnership-Pros-And-Cons.htm Public Private Partnership http://www.investopedia.com/terms/p/public-private-partnerships.asp

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