Unfair Competition With Examples In Riverside

State:
Multi-State
County:
Riverside
Control #:
US-00046
Format:
Word; 
Rich Text
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Description

The Employee Confidentiality and Unfair Competition Agreement is designed to protect a company's proprietary information and outline restrictions on an employee's competitive activities. This agreement defines key terms such as "Company," "Affiliate," and "Confidential and Proprietary Information," ensuring that employees understand the sensitive nature of the information they handle. In Riverside, businesses can use this agreement to safeguard their trade secrets and customer relationships that contribute to competitive unfairness. Key features include a non-disclosure clause that lasts five years post-employment and a two-year non-competition period within a specified geographic radius of the company. This document is vital for attorneys, partners, and owners to set clear expectations with employees while protecting their business interests legally. Paralegals and legal assistants can facilitate the filling and editing process by ensuring that specific details, such as company name and competitive scope, are accurately included. This form is particularly relevant for businesses in industries prone to competitive threats, highlighting its necessity in maintaining legal protections against unfair competition.
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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
  • Preview Employee Confidentiality and Unfair Competition - Noncompetition - Agreement

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FAQ

Unfair competition is conduct by a market participant which gains or seeks to gain an advantage over its rivals through misleading, deceptive, dishonest, fraudulent, coercive or unconscionable conduct in trade or commerce.

Generally, unfair competition consists of two elements: First, there is some sort of economic injury to a business, such as loss of sales or consumer goodwill. Second, this economic injury is the result of deceptive or otherwise wrongful business practice.

One example of bad competition is bullying. Bullying is a form of competition where the bully seeks to dominate and control others through physical or emotional harm. The bully gains power by putting others down, and this creates a toxic environment where everyone suffers.

Two common examples of unfair competition are trademark infringement and misappropriation. The right to publicity is often invoked in misappropriation issues. Other practices that fall into the area of unfair competition include: False advertising.

These include: Performance enhancing drugs: When athletes turn to performance enhancing drugs such as steroids or human growth hormones, they gain an unfair advantage over others. Discrimination: Discrimination based race, gender, religion, ethnicity and other factors is illegal.

Two common examples of unfair competition are trademark infringement and misappropriation. The right to publicity is often invoked in misappropriation issues. Other practices that fall into the area of unfair competition include: False advertising.

The law describes “unfair competition” as any unlawful, unfair, or fraudulent business act or practice, or false, deceptive, or misleading advertising. To pursue lawsuits under California's unfair competition law, a consumer or business must prove suffering and financial or property losses due to an unfair practice.

Section 17200 includes five definitions of unfair competition: (1) an unlawful business act or practice; (2) an unfair business act or practice; (3) a fraudulent business act or practice; (4) unfair, deceptive, untrue, or misleading advertising; or (5) any act prohibited by Sections 17500-17577.5.

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Unfair Competition With Examples In Riverside