Types Of Unfair Competition In Pennsylvania

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Multi-State
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US-00046
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Description

The Employee Confidentiality and Unfair Competition Agreement outlines important provisions aimed at protecting a company's confidential information and mitigating unfair competition in Pennsylvania. Key types of unfair competition addressed include the non-disclosure of proprietary information and the restrictions on competition during and after employment. The form establishes definitions for critical terms such as 'Company,' 'Affiliate,' and 'Confidential and Proprietary Information.' It requires the employee to disclose any inventions developed during employment and assigns ownership of those inventions to the company. The agreement enforces non-disclosure obligations lasting five years post-employment, along with a non-competition clause preventing the employee from engaging in similar business activities within a designated geographic area for two years. This form is essential for attorneys, partners, owners, associates, paralegals, and legal assistants who need to create legally binding agreements that protect company interests and ensure compliance with Pennsylvania law. Users should fill in the blank spaces accurately and review the document for specific state laws that may apply. Proper understanding and execution of this agreement can help prevent sensitive information from being misused and reduce the risk of competition that could harm the business.
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  • Preview Employee Confidentiality and Unfair Competition - Noncompetition - Agreement
  • Preview Employee Confidentiality and Unfair Competition - Noncompetition - Agreement
  • Preview Employee Confidentiality and Unfair Competition - Noncompetition - Agreement

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FAQ

Named Acts of Unfair Competition These are actions specifically defined in the Law, such as: -product imitation, -service imitation, -bribery, -hindering access to the market -unfair advertising.

The UTPCPL also makes it an unfair or deceptive act or practice to engage in a “bait and switch” – advertising goods or services with intent not to sell them as advertised, or advertising them with intent not to supply the reasonably expectable public demand, unless the advertisement discloses a quantity limitation.

Two common examples of unfair competition are trademark infringement and misappropriation .

Any deceptive act or practice in the course of trade that causes, or is likely to cause, confusion with respect to another person or his activities, in particular with regard to the products or services offered by such person, shall constitute an act of unfair competition.

You have a legal duty not to use unfair terms in the contracts you have with consumers. other common unfair terms include: those that deny the consumer full redress, impose unfair penalties, loss of prepayments, and allow businesses to vary the terms after the contract has been agreed.

Most states have enacted antitrust statutes modeled after the federal Sherman Act and Clayton Act. Pennsylvania, however, does not have a general antitrust statute. Pennsylvania's Unfair Trade Practices Consumer Protection Law (UTPCPL), 73 P.S. §§201-1, addresses the impact of unfair business practices on consumers.

An act or practice is “unfair” if it “causes or is likely to cause substantial injury to consumers which is not reasonably avoidable by consumers themselves and not outweighed by countervailing benefits to consumers or to competition.” 15 U.S.C. Sec. 45(n).

Introduction - In United States of America, The Sherman Act, 1890, The Clayton Act, 1914 and The Federal Trade Commission Act, 1914 are the major Acts which are enacted to address formation of cartels, collusion, restraint of trade and other practices which are anti- competitive in nature.

Unfair competition: This term is sometimes used specifically to refer to torts that confuse consumers about the source of a product, known as deceptive trade practices. Unfair trade practices: This category includes all other forms of unfair competition not directly related to consumer confusion.

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Types Of Unfair Competition In Pennsylvania