Prohibited Practices under Competition Law: What Businesses Need to Know













Another aspect to be wary of when assessing the validity of a contract is the presence of fraudulent behavior. Fraud occurs when one party intentionally misrepresents facts or conceals information in order to deceive the other party into entering a contract. In such cases, the innocent party may have grounds to challenge the validity of the contract. It is important to note that the misrepresentation must be material, meaning it must be significant enough to influence the decision-making process of the other party. Proving fraud can be challenging, as it requires demonstrating that the misrepresentation was made knowingly and with the intent to deceive.