Backgrounder Archives - Sotos Class Actions

Backgrounder: What is competition law?


Background Competition is everywhere. In a free-market economy, companies compete for customers, buyers compete for manufacturers, employers compete for employees, etc. The theory is that, when enough participants compete, companies make what people want and offer it at a price that will sell. A competing company with a better product will attract consumers. If consumers […]

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What are class actions?

What is a class action? A class action is a legal procedure in which one person brings a lawsuit on behalf of a group of people (the class) who have similar claims. The goal is to get justice for members of the class without each of them having to spend time, money and effort individually. […]

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