- Business Regulation - Anti-Trust There are two primary sources of law that deal with anti-trust activities. The first is the California Business and Professional Code § 16700 known as the Cartwright Act; while the second is the Sherman Act and the Clayton Act 15 USC § § 1 and 14. The anti trust laws rest on the premise that competition, left to itself, will produce a more beneficial allocation of the societies resources than will a controlled or restricted allocation of resources. To enforce this view many of the anti-trust laws allow for treble damages and court orders that prohibit anti competitive activities of the firm or industry. At The Law Firm of Kallis & Assoc. we have several attorneys who either have advanced degrees in Economics and Government Regulation or who have over ten years of experience defending firms from these types of action. Unfair Practices There are two general sources of law that deal with unfair practices. The first is the California Business and Professional Code § 17200 and § 17500, while the second is the Federal Trade Commission 15 USC § § 41. Business needs to be concerned with the broad application of these primary sources of regulation of unfair business practices. In addition, in California the Unruh Act makes many common business actions unlawful. § 17200 makes the following types of activities unlawful: i) Unlawful business acts or practices; ii) Unfair business acts or practices; iii) Fraudulent business acts or practices; and iv) Unfair, deceptive, untrue or misleading advertising. § 17500 deals with False and Misleading Advertising and includes topics such as consumer credit, bundled item pricing, contests and prizes, telemarketing and comparative advertising, to name but a few. At The Law Firm of Kallis & Assoc. we have several attorneys who either have advanced degrees in Economics and Government Regulation or who have over ten years of experience defending firms from these types of action.
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