What is the difference between unfair competition and antitrust law?

The difference between unfair competition and antitrust law is that unfair competition laws are designed to protect businesses from unfair tactics employed by competitors, while antitrust laws protect consumers from monopolies and other forms of anti-competitive behavior. Unfair competition laws are aimed at protecting businesses from unfair business practices by their competitors. These laws can include false advertising, deceptive business practices, misappropriation of trade secrets, or trademark infringement. The purpose of these laws is to ensure that businesses are competing on an even playing field through the use of fair business practices. Antitrust laws, on the other hand, are focused on protecting consumers from monopolies and other forms of anti-competitive behavior. This can include price-fixing, monopolization, and the formation of cartels. The purpose of these laws is to ensure that customers have access to a variety of goods and services, and can benefit from competition between businesses. In the state of Hawaii, the Office of Consumer Protection is responsible for enforcing both unfair competition and antitrust laws. The office seeks to protect both businesses and consumers from unfair and monopolistic practices. Through its enforcement of the law, the office works to promote fair competition and protect the public interest in the market.

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