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Antitrust & Unfair Competition
Antitrust and
unfair competition legal issues have become much more prevalent
in both the private and public sectors. Commonly disputed issues
include marketing and distribution restraints, licensing
restrictions, pricing or price discrimination issues, joint
ventures, business acquisitions or mergers, defending against
government investigations and managing the impact of rulings by
governmental or standards-setting bodies. These matters most
frequently arise when clients encounter troublesome commercial
practices, when they are confronted with potential government
investigations of their activities, or in seeking to initiate
government prosecution of the objectionable practices of other
participants in the marketplace.
Our attorneys
are familiar with all of these scenarios, each of which can
potentially threaten the continued success of even the best-run
business, and therefore demands close attention from
management. Paley Rothman, which created this new practice group
in response to increasing inquiries from clients, offers
experienced, sophisticated, yet practical advice for both
smaller and larger firms. Our objective is always the same--to
help clients accomplish their business objectives to the
greatest extent possible, while minimizing risk and expense.
Antitrust law refers to federal laws that prohibit anticompetitive trade practices such as price-fixing and bid-rigging as well as monopolies and mergers & acquisitions of businesses that may limit competition. At the federal level, these laws are enforced both by the Federal Trade Commission (FTC) & the Department of Justice's Antitrust Division, and by lawsuits between private parties. Maryland and many other states have also enacted laws closely modeled after the federal legislation, and most have created offices within the state Attorney General’s office to address similar issues at state or local levels.
Our free enterprise economy depends upon competition to deliver goods and services at competitive prices, and to stimulate innovation. If insufficient competition in a relevant market is a problem, antitrust law may provide a remedy.
Unfair competition, by contrast, usually addresses excessive competition; it normally refers to situations in which one firm competing against others in the marketplace is using tactics thought to be objectionable. The name refers to a combination of both federal and state laws and common-law (non-statutory) doctrines. Because they address the impact of commercial practices on only the affected parties, rather than upon an overall market, unfair competition and related legal doctrines are often more applicable to regional or local concerns.
Counseling. We can assess whether a client's proposed course of action may present risks, and if so, how to eliminate or minimize potential legal exposure. Our attorneys can examine injurious business practices of our clients' competitors, customers or suppliers, determine whether antitrust or unfair competition legal doctrines offer a remedy, and if so, help develop a practical strategy to achieve it.
Transactions. One of our partners developed the rules governing pre-merger filings at the FTC, and has analyzed hundreds of actual and proposed transactions. We can review proposed acquisitions, joint ventures or other transactions for potential competition pitfalls, and develop strategies for avoiding them. If necessary, we can navigate the potentially complex Hart-Scott-Rodino filings at both the FTC and the Antitrust Division.
Litigation. When litigation proves unavoidable, our attorneys have successfully defended clients against governmental investigations, and have prosecuted private antitrust and unfair competition suits both locally and--in consultation with local counsel--elsewhere in the country. The firm is uniquely qualified to develop Maryland-based approaches to regional and local antitrust and unfair competition business and legal problems.
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