Simple English definitions for legal terms
Read a random definition: Prescriptive
Competitive injury: When a business loses money or customers because of unfair competition from another business, it is called a competitive injury. This can happen when a rival company uses dishonest or illegal tactics to gain an advantage, making it harder for the injured business to compete. To prove a case of unfair competition or false advertising, the injured business must show that it suffered a competitive injury.
Competitive injury refers to an economic loss suffered by a business due to unfair competition from a rival. This can include a loss of sales or a disadvantage in the ability to compete with the rival. In legal terms, a plaintiff must show a competitive injury to bring a misappropriation action or to have standing to prosecute a false-advertising action under 15 USCA § 1125(a)(1)(B).
These examples illustrate how a business can suffer a competitive injury when faced with unfair competition from a rival. It can result in a loss of profits, customers, and reputation, which can be difficult to recover from.