Unfair trade practice" as per Section 2(r) means a trade practice which, for the purpose of promoting the sale, use or supply of any goods or for the provision of any service, adopts any unfair method or unfair or deceptive practice, while "restrictive trade practice" means a trade practice which tries to manipulate the price or conditions of delivery to affect flow of supplies in the market relating to goods or services in such a manner as to impose on the consumers unjustified costs or restrictions [as per section 2(nnn)].

Antitrust

Believe it or not, there are benifts from unfair (international) trade practice. For example, China engages in such unfair practices such as under priced currency, and the lack of acknowledgement to intelectual property rights. The US recognizes such violations but doesn't enforce them. So in certain situations as odd as it may seem one can actually flurrish! (as in the example of China's economy)

Deceptive and unfair laws apply to ordinary businesses in order to protect each from malicious competition. They also exist to protect consumers from being taken advantage of.

Trade is unfair because the government etc. Pay people less money than you would think but Fair Trade is The complete opposite