Antitrust laws are in place to preserve fair business practices and to keep the market competitive. These are some scenarios in which an antitrust lawyer may assist you.
What you’ll discover:
What Is the Role of an Antitrust Lawyer?
How Can an Antitrust Attorney Assist Me?
How Much Does an Antitrust Attorney Charge?
What Can I Expect While Dealing with an Antitrust Attorney?
Antitrust laws are in place to preserve fair business practices and to keep the market competitive. If you or your firm has been harmed by another corporation’s illegal expansion, you may be eligible to file a claim or lawsuit with an antitrust lawyer. An antitrust lawyer can also verify that your company complies with current and upcoming antitrust regulations.
Table of Contents
What Is the Role of an Antitrust Lawyer?
Individuals, corporations, and the government use antitrust lawyers to ensure that firms meet antitrust rules. Among the activities are:
Antitrust legal advice for your company
Assisting you with a claim or lawsuit
Performing corporate internal investigations
How Can an Antitrust Attorney Assist Me?
Do you have a thriving business? You may wish to hire an antitrust lawyer to counsel your company transactions to avoid potential legal complications. A lawyer may provide antitrust advice in situations such as distribution agreements, joint ventures, and mergers. If your company is accused of breaking antitrust laws, an antitrust lawyer may help.
Are anticompetitive business tactics affecting you? An antitrust lawyer may defend you in a lawsuit or assist you in organizing a class action, for example, if:
You are a business owner who is struggling to stay in business because one firm has monopolized your industry.
You are a customer who is paying more because one firm raises prices unjustly.
Antitrust breaches are tough to prove—you must demonstrate that one corporation is influencing the whole market by attempting to eliminate all other businesses. As a result, it’s critical to hire an antitrust lawyer who understands how to show a breach. Since such claims are difficult to win, your lawyer should be able to tell you if the action is worth your time or money.
How Much Does an Antitrust Attorney Charge?
Antitrust lawyers often bill by the hour. Some may charge on a contingency basis, which means you will only be charged a percentage if you win your case. If you do not win, your lawyer will not get paid. Since a lawyer risks not getting paid, you are likely to be charged a contingency fee only if you have a very strong case. Negotiate a fee in advance so you know what to anticipate.
What Can I Expect While Dealing with an Antitrust Attorney?
An antitrust lawyer should be upfront about your chances of winning and the length of the procedure. If you do wind up in court, it will be a lengthy and costly process. Even if your attorney will be able to advise you, you must devote a significant amount of time to the case. Expert testimony is required and will incur extra expenditures. Since antitrust actions are sometimes class action litigation, the burden is shared among a group. While a significant settlement is conceivable, the most probable outcome is a lot of time and effort with no result. An antitrust attorney is most prepared to advise you on your best course of action, so speak with one if you believe you have a viable case.