Who can bring a claim under the Fair Trading Act?

The Fair Trading Act in New Zealand is designed to protect consumers and businesses against misleading and deceptive conduct, unfair trading practices, and false representations. This means that a range of parties can bring a claim under this legislation.

Rival traders can bring a claim if they feel that they have been harmed by the unfair practices of competitors, as the Act aims to ensure fair competition and trading practices in the market. Additionally, regulatory agencies have the authority to enforce compliance with the Fair Trading Act. They can initiate actions against entities that violate the provisions of the Act, working to uphold market integrity and protect consumers and businesses alike.

In contrast, the other options are limited to a specific group of stakeholders. Consumers can bring claims, but they are not the only parties entitled to do so. Similarly, businesses and manufacturers have their rights under the Act, but they do not represent the full spectrum of who can utilize this legal avenue for redress. Therefore, the inclusion of rival traders and regulatory agencies highlights the broad applicability of the Fair Trading Act in promoting fair trading practices across various sectors.