Are there any special rules for unfair competition in the pharmaceutical industry?
Yes, there are special rules for unfair competition in the pharmaceutical industry in Wisconsin. According to Wisconsin law, it is considered unfair to engage in activities that interfere with a competitor’s legitimate business interests. This includes offering false or misleading information or advertising about a competitor or their products. It also includes deceptive pricing practices that are designed to undercut a competitor’s prices. The Wisconsin Department of Agriculture, Trade, and Consumer Protection has also issued a set of guidelines to help protect pharmaceutical companies from unfair competition. These guidelines state that competitors must not act in any way that misleads or deceives customers about their products, pricing, or other matters. Furthermore, competitors are not allowed to solicit customers with incentives or rewards that are not in the ordinary course of business. Finally, the Wisconsin Antitrust Law specifically states that it is unlawful to make any contracts, agreements or other arrangements that restrain trade or commerce in the pharmaceutical industry. This means that companies cannot enter into agreements that would limit the competition in the industry, even if they are trying to protect their own interests.
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