Describe wrongful interference with a business relationship

Describe wrongful interference with a business relationship. Provide the pros and cons dependencies of that business relationship?

Solution

Wrongful interference with a business relationship mostly occurs when a business interferes with another business unreasonably in their attempt to gain market share.Being competitive is not against the law, as long as it is not predatory.
Based on certain common laws and principles, courts can order damages to compensate individuals or business owners for economic harm caused by someone who tortiously interferes with their business relationships. Different states may have variation in State laws required for a party to successfully assert a tortious interference claim.
Example:If one business in a shopping center sends its employees out to advertise and solicit the customers entering their competitor’s business, than that may be considered predatory and against the law.

The Pro of this is that the companies are being protected from the other from using predatory methods to gain an advantage on the other companies.

The con is that if the other company is production abetter product the company cannot target those customers that the other company already has.So this is the biggest advantage.