Can I protect my company from unfair business practices by others?
March 29, 2022 | 80,00 EUR | answered by David Rüppel
Dear attorney specializing in commercial law,
I am Maria Melzer, the owner of a small company in the textile production industry. Lately, I have noticed an increase in unfair business practices being used by some of my competitors to gain an advantage. This ranges from inappropriate price dumping actions to targeted defamation of my company.
These unfair practices have already led to a decrease in sales and a negative image of my company. I am concerned about the future of my business and wonder if there are legal options available to protect my company from such unfair business practices by other companies.
Are there laws or legal tools that can help me take action against unfair competition practices? How can I legally secure my company and protect it from potential defamation? What steps can I take to uphold my rights as a business owner and defend my interests?
I look forward to your professional advice and thank you in advance for your help in addressing these important questions.
Sincerely,
Maria Melzer
Dear Mrs. Melzer,
Thank you for your inquiry and your trust in my legal expertise. I am sorry to hear that your company is suffering from unfair business practices by competitors. Such situations can indeed have significant impacts on the economic health and reputation of a company. It is therefore important that you react in a timely and appropriate manner to protect your business.
First and foremost, I would like to emphasize that in Germany there are several laws that regulate competition and aim to protect companies from unfair practices. The most important law in this context is the Act against Unfair Competition (UWG). The UWG prohibits, among other things, misleading advertising, aggressive business practices, and defamation. If you believe that your competitors are violating the UWG, you can take legal action to address this.
Furthermore, you can also take civil law measures to protect your company from unfair business practices. For example, you could assert claims for injunction or demand compensation for loss of revenue or defamation. It is advisable to seek advice from an experienced attorney specializing in commercial law to develop the best strategy for your company.
To protect your company from potential defamation, I recommend following a clear and transparent communication policy. Respond quickly and appropriately to negative comments or rumors and actively communicate with your customers and business partners to build trust and credibility.
Overall, it is important that you know and actively defend your rights as a business owner. Seek advice from a specialized attorney in commercial law to receive the best support in this matter.
I am available to clarify your specific questions and explain further legal steps. Please do not hesitate to contact me if you need additional assistance.
Best regards,
David Rüppel
Attorney at Law specializing in Commercial Law
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