Are there federal statutes that specifically address unfair competition?

Yes, there are federal statutes that specifically address unfair competition. The U.S. Code contains two parts that protect businesses from unfair competition; the Sherman Act and the Clayton Act. The Sherman Act outlaws anticompetitive agreements between businesses such as price-fixing conspiracies and certain kinds of monopolies. The Clayton Act makes it illegal for a business to unfairly limit its competitors’ access to resources such as customers or suppliers. In addition to these two federal statutes, Pennsylvania has its own Unfair Competition Law. This state law requires businesses to compete fairly in the marketplace and protects Pennsylvania consumers from deceptive and unfair business practices. Examples of activities prohibited by the law include false advertising, misrepresentation of goods or services, and the use of stolen trade secrets. Overall, unfair competition laws are in place to provide a level playing field for businesses in Pennsylvania and to protect consumers from unfair business practices.

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Are there federal statutes that specifically address unfair competition?

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