Answer: Yes, companies can include non-compete clauses in employment contracts to restrict employees from joining a competitor for a certain period of time after leaving the company.
Answer: No, using a competitor’s trademark in advertising without permission can be considered trademark infringement and is generally not allowed.
Answer: Yes, if a competitor engages in unfair business practices that harm another company’s reputation or market share, the affected company can file a lawsuit for unfair competition.
Answer: No, price-fixing agreements between competitors are illegal under antitrust laws as they restrict competition and harm consumers.
Answer: Yes, if a company makes false or misleading statements about a competitor’s products, the competitor may have grounds to sue for defamation or false advertising.
Answer: Generally, it is legal for a company to hire employees from a competitor, as long as there are no non-compete agreements in place and the hiring process does not involve any illegal practices such as poaching or inducing breach of contract.
Answer: No, engaging in predatory pricing, where a company intentionally sets prices below cost to eliminate competition, is illegal under antitrust laws.
Answer: Yes, if a company unlawfully acquires or uses a competitor’s trade secrets, the competitor can file a lawsuit for trade secret misappropriation.
Answer: No, engaging in false advertising to discredit a competitor is illegal and can lead to lawsuits for false advertising or unfair competition.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 5th April 2024.
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