Unfair Competition and Business Torts

Both small businesses and individual consumers can be victimized by unfair competition.  Unfair competition occurs when one business engages in wrongful conduct to gain an unfair advantage over another business.  The intellectual and economic investments of a business are protected under state and federal laws from fraudulent activities. The experienced team from the Carroll Law Firm, LLC will work tirelessly to fight for your company’s protection from unfair competition in Atlanta, Georgia.

Unfair Competition

Unfair Competition Examples

Some of the most common examples of unfair competition include the following:

  • Tortious interference with contracts or business relationships
  • Misappropriation or theft of trade secrets
  • False advertising
  • Falsely representing services or products
  • Substituting one product brand for another without authorization
  • Trademark infringement
  • Violations of the federal Lanham Act
  • Violations of the Uniform Deceptive Trade Practices Act
  • Violations of the Georgia Fair Business Practices Act
  • Violations of the Georgia Trade Secrets Act
  • False representations regarding investment opportunities

Why Unfair Competition Laws are Vital

Unfair competition laws are vital to the business world for the following reasons:

  • They protect the creative, economic and intellectual investments made by companies
  • They deter companies from stealing the ideas of their competitors
  • They deter companies from wrongfully interfering with a competitor’s business relationships or contracts
  • They help promote clarity and stability by making products clear to understand

Receiving Compensation for Unfair Competition

If your company has been victimized by another company because of their unfair competition practices, you may be able to pursue a case for economic compensation.  Companies may seek compensation for lost profits, and in some cases, attorney’s fees and punitive damages. 

Unfair Competition Claims Require Skilled Legal Representation

Has your company been the victim of unfair competition practices like the ones mentioned above? The team from the Carroll Law Firm, LLC will be able to investigate your claim, determine if you have a case, and then fight for the protection of your company. Call our office in Atlanta, Georgia at 404-816-4555 to schedule a free consultation to have your case reviewed.