Unfair Business Practices & Anti-Trust
Unfair business practices are fraudulent, unethical, or deceptive tactics perpetrated by businesses on consumers or competitors — which are prohibited by law.
Unfair business practices may arise whenever products or services are sold, including: consumer goods, tenant/landlord matters, debt collection, and insurance claims. Forbidden practices include, but are not limited to: misrepresenting that goods or services are of a particular standard, quality, or grade; or that goods are of a particular style or model, if they are of another; advertising goods or services with intent not to sell them as advertised, misrepresenting the source of the good and services, representing reconditioned goods as new, advertising goods without having the expected demand in stock; and representing that a transaction confers or involves rights, remedies, or obligations which it does not have or involve, or which are prohibited by law. They also involve defaming or disparaging a competior and its goods or services. Both compensatory and punitive damages may be awarded for rulings of unfair business practices.
Anti-trust laws prohibit collusion by businesses, to ensure fair competition exists in an open-market economy. Anti-trust laws ensure market competition creates fair prices, and prohibits anti-competitive conspiracies (such as bid-rigging, price fixing, and malicious mergers) from artificially increasing rates for consumer goods and services. Anti-trust law discourages these practices, resulting in consumer benefit, as well awarding damages for violations.
Spreter & Petiprin represents consumers in class action lawsuits against corporations that engage in intentional conduct that harms consumers, businesses, and the free market place. We also represent businesses who have been victims of unfair business pratices intended to harm free competition. If you believe that you have been harmed by an unfair business practice, please feel free to call us and speak with one our experienced business litigation attorneys.