Unfair methods of competition and unfair or deceptive acts or practices in the conduct of any trade or commerce are declared unlawful. R.I. Gen. Laws § 6-13.1-2 P.L. 1968, ch. 12, § 1.
It is the intent of the legislature that in construing §§ 6-13.1-1 and 6-13.1-2 due consideration and great weight shall be given to the interpretations of the Federal Trade Commission and the federal courts relating to § 5(a) of the Federal Trade Commission Act. 15 U.S.C. § 45(a)(1), as from time to time amended. R.I. Gen. Laws § 6-13.1-3 Amended by 2014 Pub. Laws, ch. 528,§ 10, eff. 12/31/2014. P.L. 1968, ch. 12, § 1.