Unfair Competition
Unfair competition is typically a tort action
that has caused economic injury to a business through
deceptive and/or wrongful business practices and
typically includes two categories of torts: 1)
Torts that are meant to confuse consumers (“Unfair
Competition”) as to the source of the product;
and 2) Torts that encompass “unfair trade
practices”. Types of unfair competition include,
but are not limited to, trademark infringement,
false advertising, unauthorized substitution of
one brand of goods for another, use of confidential
information by former employee to solicit customers,
theft of trade secrets, breach of a restrictive
covenant, trade libel and false representation
of products or services.
|