What is unfair competition
Unfair competition is conducted by a market participant who obtains or seeks to obtain an advantage over his rivals through deceptive, misleading, dishonest, fraudulent, coercive or unreasonable conduct in trade.
Unfair competition is one of the main causes of economic damage to companies, both in terms of the loss of customers and/or suppliers it causes and the reduction in turnover.
The forms of unfair competition can be many, ranging from the betrayal of loyal employees to industrial espionage and the misuse of competition by competitors.
The damages resulting from these practices are just as numerous: not only do you risk losing the human and material resources with which you work on a daily basis, but also the good name of the company may suffer, along with its image.
In order to avoid this, it is therefore very important to keep the possible damage resulting from unfair competition under control.
In Italy, unfair competition is an offence punishable by imprisonment from 6 months to 5 years, and a fine from €5,000 to €100,000. Italy has various special laws to counteract unfair behaviour by competitors:
IS YOUR COMPANY WILLING TO RISK LOSING CUSTOMERS AND/OR SUPPLIERS, AND SEEING ITS TURNOVER REDUCED?
WHAT IF THE DAMAGE TO YOUR COMPANY’S REPUTATION AND IMAGE IS IRRECOVERABLE?
That would be a nightmare situation, wouldn’t it? Well, sorry to say, it could happen.
Have you ever wondered how your employees handle your company’s data? How your competitors move in the market? Or what kind of information is at risk of being stolen by your suppliers?
If you have any doubts, then our Unfair Competition and Industrial Espionage service is right for you.
We investigate whether your employees are stealing information about your customers and suppliers and whether anyone is using your brand or products/services illegally, and we help you strengthen all your systems for protecting and sharing confidential information.
In addition, we will explain how to protect yourself against this type of behaviour and how to identify possible cases of unfair competition in your companies.