Enacts the "fostering affordability and integrity through reasonable (FAIR) business practices act" to expand the attorney general's ability to.
The "fostering affordability and integrity through reasonable (FAIR) business practices act" expands the attorney general's ability to protect New Yorkers from unfair, deceptive and abusive business practices. It defines unfair acts as those causing substantial injury not reasonably avoidable and not outweighed by countervailing benefits. Abusive acts are those that materially interfere with understanding product or service terms or take unreasonable advantage. The act applies to all unfair, deceptive, or abusive acts or practices, regardless of whether they are consumer-oriented.
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