How do I protect my business against unfair competition?

In Maryland, there are a few different ways to protect your small business against unfair competition. First, you should familiarize yourself with the Maryland Antitrust Act and Maryland Deceptive Trade Practices Act. These statutes protect business owners from competitors engaging in unfair and deceptive trade practice. Examples of such practices include false advertising, fraud, and price fixing which are all illegal. You should also consider crafting an anti-competitive agreement between yourself and any of your competitors. This agreement could include a non-compete clause which would bar any competitors from entering the same marketplace as you. You may also include a non-solicitation clause which would prevent competitors from using your customer lists or employee information. Finally, you can protect your business by registering any trademarks, patents, or copyrights associated with your business. This will give you exclusive rights to any unique products or services you offer, and will prevent competitors from using your name or logo. By understanding the Maryland Antitrust and Deceptive Practices Acts, creating an anti-competitive agreement, and registering any trademarks or copyrights associated with your business, you can protect against unfair competition in Maryland.

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How do I protect my business against unfair competition?

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