An Unfair Competition Attorney Can Help Protect Your Business

What is Unfair Competition?

Unfair competition can involve a situation where competitors are unequal in marketplace standing because of dishonest practices or tactics by one party. Companies may try to prevent unfair competition through contracts and other forms of legal protection, such as contract clauses regarding the confidentiality of trade secrets that protect their business.

Some contracts also include non-compete clauses as an added layer of protection, which may prevent an employee from working for a competitor within a certain distance or timeframe after leaving their previous employment. Unfair competition can be instigated by current and former employees and by competing businesses.

Types of Unfair Competition

There are a range of situations that unfair competition may arise for professionals and businesses.

Breach of Contract

If an employee ignores a non-compete clause and begins working for a competitor in violation of his separation agreement or original contract, that may constitute as unfair competition. Other instances of a breach of contract can include an employee who violates their employer's confidentiality agreement.

Trade Secrets

Many contracts include clauses regarding a company’s trade secrets, which, in the hands of a competitor, could be detrimental to a business’s well being. Trade secrets can be used unfairly when an employee leaves a company for a competitor and steals the former company’s formulas, recipes, best practices, or other sensitive materials and know-how. 

Misrepresentation

If an employee or a competitor impersonates another company, this can result in unfair competition. Examples can include using another company's intellectual property, such stealing its trademark or creating a trademark that is similar enough to confuse consumers. If a company defames another company, it can also be held accountable for false representation. 

False Advertising

If a company makes a public claim that its product can do something that it actually cannot or does not do to generate more business, it has engaged in unfair competition. These companies can also be held responsible by consumers who purchase their services or products.

Seeking Compensation

If you are a victim of unfair competition, legal action can help you and your company recover losses. However, this process can be difficult to prove without the guidance of an experienced lawyer. It is vital to retain the counsel of an attorney who has a thorough understanding of the laws surrounding unfair competition. 

"Once acting as your representative, Hoge Law Firm can gather further evidence and help you recover from the damage recover damages for your losses."

Charlie Hoge has more than 30 years of legal experience and success that enable him to protect your rights and interests. During a consultation, he can thoroughly review your situation and any evidence that is pertinent to your case. He can help you understand the legal proceedings and provide you realistic expectations for the potential outcomes of your case. Once acting as your representative, Hoge Law Firm can gather further evidence and help you recover from the damage recover damages for your losses.