Unfair competition has recently become a growing issue for American business owners. With every lawsuit, the definition of “unfair competition” can be skewed and expanded slightly in order to allow more companies to sue for unfair competition and also enlighten business owners as to what is a constitutional and unconstitutional means for advertising and competing within their own industry.
Some common practices that can result in an unfair competition lawsuit include:
Proving Unfair Competition Under the Law
Federal and state laws both address the issue of unfair competition—and each do so differently. Therefore, you will need to see how these affect your business and decide which law the other party has violated.
Suing Another Business for Unfair Competition
If you feel your business is the victim of unfair competition, then you may have a lawsuit. You can sue the company directly, but you will need the assistance of a business litigation lawyer.
If you do decide to sue that company for unfair competition, you will have four means of restitution, which include:
1. You can request that they pay monetary damages for any representations that they have made against your company.
2. You can request a refund for revenue that they earned as a result of alleged unfair business practices.
3. You can require that they cease all unfair business practices immediately.
4. They may be required to pay substantial government fines and penalties—depending on the extent of the unfair competition.
If you suspect that your business is the victim of unfair competition, then you should consult a business attorney.
The Miami business lawyers at Campbell Law Group are here to help you. We offer no obligation consultations, so call us at 305-459-3621 to get started.
Related Items: