What options do I have to combat unfair competition abroad?
April 2, 2023 | 50,00 EUR | answered by Otto Schäfer
Dear International Law Attorney,
My name is Xenia Riedmüller and I am the managing director of a medium-sized company that operates internationally. In recent months, I have noticed an increase in unfair competition practices by competitors abroad against my company. These practices range from targeted defamation to the spread of false information to price dumping.
These unfair practices have already led to a significant decrease in revenue and a loss of market share. Additionally, I fear that this negative trend may continue and could harm my company in the long term.
I am aware that addressing unfair competition abroad is a complex matter and requires consideration of different legal frameworks. Therefore, I am reaching out to you to determine what specific legal options I have to address these unfair practices.
What steps can I take to address unfair competition abroad? Are there international agreements or regulations that can assist me in this matter? What legal actions are necessary to protect my company from further harm?
Thank you in advance for your professional support and advice.
Sincerely,
Xenia Riedmüller
Dear Mrs. Riedmüller,
Thank you for your inquiry regarding the unfair competition practices that your company is facing abroad. As an attorney specializing in International Law, I understand your concern about the decline in revenue and loss of market share that these practices can cause. It is important that you respond appropriately and protect your company from further harm.
To address unfair competition abroad, there are various legal options that you can consider. First, you should examine whether there are international agreements or regulations that can assist you. An important tool in this regard is the Agreement on Unfair Competition of the World Intellectual Property Organization (WIPO). This agreement contains provisions for protection against unfair competition and can help you enforce your rights abroad.
Additionally, you can also rely on bilateral agreements between your home country and the country where the unfair practices are taking place. These agreements may contain specific provisions for protection against unfair competition and can assist you in pursuing your claims.
Regarding the specific legal steps you can take, it is advisable to consult with a local attorney who has experience in international competition law. They can conduct a legal analysis of the situation, assess the likelihood of success in a lawsuit, and assist you in enforcing your claims.
It is important that you act quickly to protect your company from further harm. Depending on the circumstances of the case, measures such as cease and desist letters, injunctions, or lawsuits may be necessary. An experienced attorney can assist you in choosing the appropriate steps and ensuring that your interests are effectively represented.
I hope that this information is helpful to you, and I am available for any further questions you may have.
Sincerely,
Otto Schäfer
Attorney at Law specializing in International Law
