Modern slavery is a situation where coercion, threats, or deception are used to take advantage of victims and impair their freedom. One of the practices that establish modern slavery is human trafficking.
An important distinction to make is that modern slavery does not include inadequate working conditions or wages for workers. These are also important occurrences that may be present in some cases, however, modern slavery mainly describes serious profiteering.
Regulations in various countries require companies to be socially responsible by ensuring they never contribute to human trafficking.