Are there laws against intentionally putting another company out of business?
Question Details: I'm having a conversion about whether or not it is against the law to intentionally put another company out of business. Does intentional tort apply to competitive business practices? Are there any specific laws that dictate that another company would be liable for such actions?
- Auto Accidents
- Child Custody, Support, Adoption
- Collections and Debt
- Consumer and Lemon Law
- Criminal Defense
- DUI / DWI
- Divorce, Marriage, Alimony
There is no law against putting another company out of business through competition: anyone is allowed to compete for business, customers, market share, etc. and if in the process some other business cannot compete with them and goes out of business, thati is perfectly.
What you can't do is use inherently illegal methods to put another out of business: intimidating customers to stay away, defamation, filing false complaints to the health department, hacking their account, fraud, etc. But if the methods, then the competition is.