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2019 Business Law

Business Law

State laws regulating businesses include restrictions on deceptive business practices; environmental regulations, such as waste and pollution controls; securities fraud; state taxes; insurance and liability; contracts; and employment.
California business laws typically are shaped through statutes and the courts, but some laws are decided by voters.

California Antitrust laws:
Antitrust enforcement is an important component of a sound. Vigorous, competitive marketplaces established through antitrust vigilance help consumers by ensuring fair prices for goods and services, an array of products to choose from, quality goods and services, and the steady introduction of innovative new products. Diligent antitrust enforcement also helps businesses by protecting them from unfair competition and helping to establish a level playing field on which to compete.

The Attorney General’s Antitrust Law Section enforces California’s antitrust laws both civilly and criminally, and federal antitrust laws civilly, through business merger/acquisition reviews, investigations of potential violations of the law, and, where necessary, litigation.

California Civil Statute of Limitation:
List of California’s statutes of limitations for various types of civil actions, including personal injury; false imprisonment; defamation; fraud; damage to personal property; professional malpractice; trespassing; and more.

California Deceptive Trade Practices Laws:
Deceptive trade practices are characterized by disinformation, false claims, and other tactics to lure the public into buying a product or service. One example is a used car dealer tampering with the odometer in order to falsely claim lower mileage. California has not adopted the Uniform Deceptive Trade Practices Act, but has laws specifically prohibiting false advertising and odometer tampering. If you would like to know more about deceptive business practices, the following article covers those issues for California.

California Interest Rates Laws:
Even though most states set statutory limits on interest rates, they are not always enforceable because consumers frequently agree to rates higher than the limit (thus waiving those protections). So from a practical standpoint, legal interest rate limits actually are little more than general guidelines. Regardless, California’s interest rate limit for sales contracts is 12 percent, and 7 percent for interest rates on judgments.